2018-06-20T14:26:06-04:00 2017-12-31 470899021 BOND & COMPANY PLC 113 WEST MICHIGAN AVENUE SUITE 301 JACKSON MI 49201 990 2017-01-01 237019029 ALBION COMMUNITY FOUNDATION ALBI 5176293349 1002 N EATON STREET ALBION MI 49224 ROBERT DUNKLIN PRESIDENT 5176293349 2018-04-18 true PATRICK T WALZ P00268149 5177898900 2018-04-18 2017 2022-09-23 18:48:47Z X TIMOTHY KRAUSE 1882613 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 30 0 225776 236614 0 29651 232675 2403 2561 257830 471850 221899 121107 0 76509 87073 0 23122 131172 98207 429580 306387 -171750 165463 4812070 5462005 422327 477761 4389743 4984244 STRENGTHEN THE GREATER ALBION AREA BY CULTIVATING COMMUNITY ASSETS TO ENHANCE THE QUALITY OF LIFE. false false 242991 121107 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. 242991 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 4 0 3 true 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 MANDY DUBIEL 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 JOHN C SHEDD TRUSTEE 1.00 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 TIMOTHY KRAUSE EXECUTIVE DI 40.00 X 67220 0 1711 67220 1711 false false false 236614 236614 134040 134040 1509398 1410763 98635 98635 98635 MISCELLANEOUS 900099 2561 2561 2561 471850 2561 232675 121107 121107 67220 37643 18822 10755 10780 6037 3018 1725 1711 958 479 274 7362 4123 2061 1178 2849 1937 570 342 17365 11141 3918 2306 28017 28017 858 583 172 103 2063 1238 516 309 8951 5389 2276 1286 10258 6155 2565 1538 9166 6116 1915 1135 1606 963 402 241 1407 844 352 211 1475 555 700 220 3099 1739 854 506 DIRECT FUND EXPENSES 4474 4474 MEMBERSHIPS 2673 1604 668 401 REPAIRS & MAINTENANCE 2101 1261 525 315 SPECIAL EVENTS 1720 1032 430 258 125 75 31 19 306387 242991 40274 23122 60158 29546 148430 500 4968 6557 318040 1872 3901 316168 4640832 4885768 102211 75036 4812070 5462005 1132 14814 4000 414345 460339 2850 2608 422327 477761 X 4109743 4704244 280000 280000 4389743 4984244 4812070 5462005 165463 429038 X false true X true false X 566687 268575 254665 225776 236614 1552317 566687 268575 254665 225776 236614 1552317 51945 1500372 116011 210519 138812 108432 134040 707814 2260131 2561 0.66380 0.64030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 14126 460339 true true false true X 4274202 27755 725735 296094 30791 4700807 4085999 79838 342051 204595 29091 4274202 4397229 113716 -118349 276419 30178 4085999 4208483 354704 182722 321812 26868 4397229 4037370 452844 151711 418496 14946 4208483 0.94380 0.05620 false false 17800 17800 268147 268147 32093 1872 30221 316168 GIFT ANNUITY PAYABLE 2608 2608 900888 429038 429038 471850 471850 306387 306387 306387 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. true ALBION COLLEGE 611 E PORTER ST ALBION MI 49224 381359081 501C3 17650 EDUCATION CITY OF ALBION 112 CASS STREET ALBION MI 49224 386004655 GOV 10400 COMMUNITY DEVELOPMEN AVSO 131 E CASS STREET ALBION MI 49224 382970255 501C3 8000 SUBSTANCE ABUSE PROG FRIENDS OF THE BOHM THEATRE 201 S SUPERIOR ST ALBION MI 49224 461255472 501C3 13250 THEATRE RESTORATION ALBION ECONOMIC DEVELOPMENT CORPORA 309 N SUPERIOR ST ALBION MI 49224 386004655 9896 FOOD ASSISTANCE CHARITABLE UNION 85 CALHOUN ST ALBION MI 49017 381405611 501C3 6000 CLOTHING KIDS N STUFF 201 S SUPERIOR ST ALBION MI 49224 461255472 501C3 18000 YOUTH PROGRAMS 8 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.