BETA

BOOK INDUSTRY CHARITABLE FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
BOOK INDUSTRY CHARITABLE FOUNDATION (EIN 38-3279018)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-10
IRS object ID
201841309349300989
Schema version
2017v2.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-10T09:22:26-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381357951PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11098 WOODWARD AVEAddressLine1Txt
CityDETROITCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48226ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN383279018EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BOOK INDUSTRY CHARITABLE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBOOKBusinessNameControlTxt
Phone7344774789PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1713 W ELLSWORTH ROAD NO AAddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48108ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARY RICHARDSPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7344774789PhoneNum
Signature2018-05-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLYNNE M HUISMANNPreparerPersonNm
PTINP00053811PTIN
Phone3134967200PhoneNum
Preparation2018-05-09PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1BORDERS GROUP FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerANNE KUBEKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1713 W ELLSWORTH ROAD NO AAddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48108ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,176,640GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BINCFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateMILegalDomicileStateCd
Activity Or MissionTHE CENTERPIECE PROGRAM PROVIDES SHORT-TERM FINANCIAL ASSISTANCE TO BOOK INDUSTRY EMPLOYEES, INCLUDING BOOKSTORE OWNERS/OPERATORS, BOOKSELLERS, BOOK BUYERS AND FORMER BORDERS EMPLOYEES AND THEIR IMMEDIATE FAMILIES WHO HAVE DEMONSTRATED FINANCIAL NEED ARISING FROM SEVERE HARDSHIP AND/OR EMERGENCY CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO, DISASTER RELIEF, DOMESTIC VIOLENCE, SERIOUS MEDICAL CONDITION, OR LOSS OF HOUSEHOLD INCOME SUCH AS DIVORCE OR SEPARATION, DEATH OF AN EMPLOYEE OR IMMEDIATE FAMILY MEMBER. ADDITIONALLY, THE BOOK INDUSTRY CHARITABLE FOUNDATION MADE AVAILABLE OTHER TOOLS TO HELP AFFECTED EMPLOYEES DEAL WITH ONGOING FINANCIAL CHALLENGES. THESE TOOLS INCLUDE HEALTH CARE RESOURCE DIRECTORIES, BUDGET PLANNING GUIDES AND FINANCIAL MANAGEMENT TOOLS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers40TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$126,475PYContributionsGrantsAmt
CY Contributions Grants$558,720CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$20,210PYInvestmentIncomeAmt
CY Investment Income$68,851CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$146,685PYTotalRevenueAmt
CY Total Revenue$627,571CYTotalRevenueAmt
PY Grants And Similar Paid$197,770PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$339,575CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$208,047PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$302,690CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$173,001CYTotalFundraisingExpenseAmt
PY Other Expenses$193,390PYOtherExpensesAmt
CY Other Expenses$148,977CYOtherExpensesAmt
PY Total Expenses$599,207PYTotalExpensesAmt
CY Total Expenses$791,242CYTotalExpensesAmt
PY Revenues Less Expenses-$452,522PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$163,671CYRevenuesLessExpensesAmt
Total Assets BOY$2,191,299TotalAssetsBOYAmt
Total Assets EOY$2,181,044TotalAssetsEOYAmt
Total Liabilities BOY$31,619TotalLiabilitiesBOYAmt
Total Liabilities EOY$49,380TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,159,680NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,131,664NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO STRENGTHEN THE BOOKSELLING COMMUNITY THROUGH CHARITABLE PROGRAMS THAT SUPPORT EMPLOYEES AND THEIR FAMILIES.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$138,285ExpenseAmt
Grant$106,072GrantAmt
DescFINANCIAL ASSISTANCE PROGRAM - PROVIDES ASSISTANCE TO EMPLOYEES AND FORMER EMPLOYEES. THIS CENTERPIECE PROGRAM PROVIDES SHORT-TERM FINANCIAL ASSISTANCE TO BOOK INDUSTRY EMPLOYEES AND FORMER BORDERS EMPLOYEES AND THEIR IMMEDIATE FAMILIES WHO HAVE DEMONSTRATED FINANCIAL NEED ARISING FROM SEVERE HARDSHIP AND/OR EMERGENCY CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO, DISASTER RELIEF, SERIOUS MEDICAL CONDITION, LOSS OF HOUSEHOLD INCOME DUE TO DEATH OF EMPLOYEE OR IMMEDIATE FAMILY MEMBER, DIVORCE OR SEPARATION OR PARTNER'S/SPOUSE'S JOB LOSS. ADDITIONALLY, THE BOOK INDUSTRY CHARITABLE FOUNDATION MADE AVAILABLE OTHER TOOLS TO HELP AFFECTED EMPLOYEES DEAL WITH ONGOING FINANCIAL CHALLENGES. THESE TOOLS INCLUDE RESOURCE DIRECTORIES, BUDGET PLANNING GUIDES AND FINANCIAL MANAGEMENT TOOLS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$145,730ExpenseAmt
Grant$103,750GrantAmt
DescPOST SECONDARY SCHOLARSHIPS - A MERIT AND NEEDS BASED SCHOLARSHIP PROGRAM TO ASSIST FORMER BORDERS EMPLOYEES AND THE DEPENDENTS OF EMPLOYEES WITH THE COSTS OF HIGHER EDUCATION, INCLUDING UNDERGRADUATE, GRADUATE, VOCATIONAL, AND TECHNICAL STUDIES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$120,805ExpenseAmt
Grant$92,664GrantAmt
DescPILOT STORE (AND COMIC BOOKSTORE) DISASTER RELIEF PROGRAMTHIS PILOT PROGRAM PILOT PROGRAM FOR BOOKSTORE OWNERS WAS CREATED IN 2017. THE BINC FOUNDATION LAUNCHED A PILOT PROGRAM DESIGNED TO ASSIST BOOK STORE OWNERS IF THEIR BOOKSTORE WAS IMPACTED BY A NATURAL DIASASTER. ANY POTENTIAL ASSISTANCE WOULD BE OUTSIDE OF WHAT IS COVERD BY INSURANCE AND DOES NOT INCLUDE ANY PAYMENTS TO MERCHANDISE VENDORS. THE STORE MUST DEMONSTRATE A FINANCIAL CRISIS BROUGHT ABOUT BY A NATURAL DISASTER INCLUDING LOSS OF INCOME DUE TO DISRUPTION OF BUSINESS. BINC IS ABLE TO HELP BY PAYING NEEDED RENT AND/OR UTILITIES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtGrantGrantAmtDescDesc
$28,681$22,000MATCHING GRANTS PROGRAM - - THIS PROGRAM ALLOWS OUR TARGETED CLIENTS TO COLLECT UP TO $2,000 FOR A SPECIFICALLY STATED HARDSHIP AND AFTER VERIFICATION THE FOUNDATION WILL MATCH DOLLAR FOR DOLLAR THE AMOUNT COLLECTED UP TO $2,000.
$19,672$15,089PROFESSIONAL & DIVERSITY SCHOLARSHIPS - A NEEDS AND SKILLS BASED SCHOLARSHIP PROGRAM TO ASSIST CURRENT BOOK INDUSTRY EMPLOYEES WITH THE COSTS OF EXPANDING THEIR KNOWLEDGE OF THE INDUSTRY, SMALL BUSINESS OPERATIONS OR BOOK KNOWLEDGE.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$48,353TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$37,089TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$453,173TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee6EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARY RICHARDSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7344774789PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1713 W ELLSWORTH ROAD NO AAddressLine1Txt
CityANN ARBORCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48108ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MATTHEW GILDEA
DIRECTOR, VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
CHRISTIE ROEHL
DIRECTOR, SECRETARY1.00Yes (X)Yes (X)$0$0$0
MARY RICHARDS
DIRECTOR, TREASURER1.00Yes (X)Yes (X)$0$0$0
ANNE KUBEK
DIRECTOR, CHAIR1.00Yes (X)Yes (X)$0$0$0
LORI TUCKER-SULLIVAN
DIRECTOR, PRESIDENT1.00Yes (X)Yes (X)$0$0$0
ROCKELLE HENDERSON
DIRECTOR0.50Yes (X)$0$0$0
WANDA JEWELL
DIRECTOR0.50Yes (X)$0$0$0
MARY JANE KARWOSKI
DIRECTOR0.50Yes (X)$0$0$0
DEB LEONARD
DIRECTOR0.50Yes (X)$0$0$0
KATE MCCUNE
DIRECTOR0.50Yes (X)$0$0$0
ANNE PHILBRICK
DIRECTOR0.50Yes (X)$0$0$0
JULIA COWLISHAW
DIRECTOR0.50Yes (X)$0$0$0
KEN WHITE
DIRECTOR0.50Yes (X)$0$0$0
PAMELA FRENCH
EXECUTIVE DIRECTOR40.00Yes (X)$105,501$0$8,170
FieldValueIRS element (for citing)
Total Reportable Comp From Org$105,501TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$8,170TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$558,720AllOtherContributionsAmt
Total Contributions$558,720TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$69,585TotalRevenueColumnAmt
Exclusion$69,585ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$548,335SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$549,069SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$734SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$734TotalRevenueColumnAmt
Exclusion-$734ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$627,571TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$68,851ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$339,575TotalAmt
Program Services$339,575ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$117,341TotalAmt
Program Services$29,335ProgramServicesAmt
Management And General$29,335ManagementAndGeneralAmt
Fundraising$58,671FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$154,453TotalAmt
Program Services$52,000ProgramServicesAmt
Management And General$27,781ManagementAndGeneralAmt
Fundraising$74,672FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$10,501TotalAmt
Program Services$3,565ProgramServicesAmt
Management And General$1,852ManagementAndGeneralAmt
Fundraising$5,084FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$20,395TotalAmt
Program Services$6,133ProgramServicesAmt
Management And General$4,262ManagementAndGeneralAmt
Fundraising$10,000FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$532TotalAmt
Management And General$532ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$19,734TotalAmt
Management And General$19,734ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$20,069TotalAmt
Management And General$20,069ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,292TotalAmt
Management And General$5,292ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,884TotalAmt
Management And General$6,884ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$20,694TotalAmt
Program Services$3,491ProgramServicesAmt
Management And General$10,222ManagementAndGeneralAmt
Fundraising$6,981FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$25,520TotalAmt
Program Services$6,950ProgramServicesAmt
Management And General$6,190ManagementAndGeneralAmt
Fundraising$12,380FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,608TotalAmt
Program Services$5ProgramServicesAmt
Management And General$8,592ManagementAndGeneralAmt
Fundraising$11FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,503TotalAmt
Management And General$2,503ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SCHOLARSHIP MANAGEMENT$10,472$10,472
DONOR STEWARDSHIP$9,606$9,606
BANK SERVICE CHARGES$5,286$5,286
MARKETING$4,421$4,421

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,356TotalAmt
Program Services$1,647ProgramServicesAmt
Management And General$6,928ManagementAndGeneralAmt
Fundraising$781FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$791,242TotalAmt
Program Services$453,173ProgramServicesAmt
Management And General$165,068ManagementAndGeneralAmt
Fundraising$173,001FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$221,176BOYAmt
EOY$135,950EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$118,329EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,103BOYAmt
EOY$4,765EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,963,820BOYAmt
EOY$1,920,800EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,200BOYAmt
EOY$1,200EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,191,299BOYAmt
EOY$2,181,044EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$24,834BOYAmt
EOY$14,846EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,785BOYAmt
EOY$34,534EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$31,619BOYAmt
EOY$49,380EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,582,657BOYAmt
EOY$1,543,983EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$577,023BOYAmt
EOY$587,681EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,159,680BOYAmt
EOY$2,131,664EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,191,299BOYAmt
EOY$2,181,044EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$163,671ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$135,655NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,021CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$42,646CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$69,393CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$126,475CurrentTaxYearMinus1YearAmt
Current Tax Year$558,720CurrentTaxYearAmt
Total$818,255TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,021CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$42,646CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$69,393CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$126,475CurrentTaxYearMinus1YearAmt
Current Tax Year$558,720CurrentTaxYearAmt
Total$818,255TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$115,230SubstantialContributorsTotAmt
Public Support Total170$703,025PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,337CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,277CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$52,564CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$66,762CurrentTaxYearMinus1YearAmt
Current Tax Year$69,585CurrentTaxYearAmt
Total$257,525TotalAmt
FieldValueIRS element (for citing)
Total Support$1,075,780TotalSupportAmt
Gross Receipts Rltd Activities$14,065GrossReceiptsRltdActivitiesAmt
Public Support CY1700.65350PublicSupportCY170Pct
Public Support PY1700.48520PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDERIVATIVES LIABILITYDesc
Amt$34,534Amt
FieldValueIRS element (for citing)
Total Liability$34,534TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
FINANCIAL ASSISTANCE94$106,072
POST-SECONDARY SCHOLARSHIPS27$103,750
MATCHING GRANTS11$22,000
PROFESSIONAL SCHOLARSHIPS25$15,089
PILOT - STORE DISASTER7$92,664

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE USE OF GRANT FUNDS IS MONITORED IN TWO WAYS. FIRST, THROUGH THE DUE DILIGENCE RESEARCH OF THE PROGRAMS MANAGER WHEN ASSESSING THE INITIAL GRANT REQUEST AND POTENTIAL GRANT AMOUNT. THE GRANT APPLICANT MUST PROVIDE ALL RELEVANT DOCUMENTATION OF EXPENSES AND THE PROGRAM MANAGER VERIFIES THAT A VALID QUALIFYING EVENT HAS OCCURRED AND THAT THE NEED DOES EXIST. SECOND, ONCE A GRANT IS APPROVED, PAYMENTS ARE NOT MADE DIRECTLY TO THE GRANT RECIPIENT, INSTEAD PAYMENTS ARE MADE DIRECTLY TO THE SERVICE PROVIDER/COMPANY ON BEHALF OF THE GRANT RECIPIENT. EXAMPLES OF SERVICE PROVIDERS/COMPANIES INCLUDE: UTILITY COMPANIES, MORTGAGE LENDERS, MEDICAL PROVIDERS AND FUNERAL SERVICE PROVIDERS. IN ADDITION, WHEN PAYMENTS/FUNDS ARE SENT TO A PROVIDER/COMPANY THE GRANT RECIPIENT'S ACCOUNT INFORMATION IS INCLUDED SO THAT PAYMENT IS APPLIED PROPERLY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2PILOT PROGRAM - DISASTER RECOVERY FOR BOOKSTORES/OWNERS - IN 2017, THE BINC FOUNDATION LAUNCHED A PILOT PROGRAM DESIGNED TO ASSIST BOOK STORE OWNERS IF THEIR BOOKSTORE WAS IMPACTED BY A NATURAL DIASASTER. ANY POTENTIAL ASSISTANCE WOULD BE OUTSIDE OF WHAT IS COVERD BY INSURANCE AND DOES NOT INCLUDE ANY PAYMENTS TO MERCHANDISE VENDORS. THE STORE MUST DEMONSTRATE A FINANCIAL CRISIS BROUGHT ABOUT BY A NATURAL DISASTER INCLUDING LOSS OF INCOME DUE TO DISRUPTION OF BUSINESS. BINC IS ABLE TO HELP BY PAYING NEEDED RENT AND/OR UTILITIES.
FORM 990, PART VI, SECTION B, LINE 11BTHE EXECUTIVE COMMITTEE (PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER) WILL REVIEW THE FULL AND COMPLETE 990 PRIOR TO FILING, AND THE FULL AND COMPLETE 990 WILL BE ISSUED ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO FILING FOR THEIR FEEDBACK. IN ADDITION, THE 990 WILL BE REVIEWED AT THE FIRST BOARD MEETING AFTER THE 990 HAS BEEN FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE POLICY IS REVIEWED EACH YEAR WHEN NEW BOD MEMBERS ARE ADDED. ALL BOD MEMBERS ARE REQUIRED TO SIGN AND RETURN THE CONFLICT OF INTEREST STATEMENT WHEN THEY JOIN THE BOARD. IN ADDITION, THE BOARD MEMBER ROLE DESCRIPTION INCLUDES A CONFLICT OF INTEREST STATEMENT AND THE STATEMENT IS REVIEWED AT THE FIRST BOD MEETING OF EVERY FISCAL YEAR.
FORM 990, PART VI, SECTION B, LINE 15A SALARY REVIEW AND TITLE REVIEW WERE CONDUCTED BY THE PRESIDENT OF THE BOARD AND SHARED WITH THE OTHER EXECUTIVE COMMITTEE MEMBERS (ALL INDEPENDENT PERSONS.) INCLUDED COLLECTING BENCH MARK DATA ON SALARY, TITLE AND RESPONSIBILITIES. THE SURVEY WAS CONDUCTED THROUGH THE BORDERS COMPENSATION DEPARTMENT (INDEPENDENT PERSONS) IN THE FALL OF 2008. THE ENTIRE BOARD OF DIRECTORS DISCUSSED AND APPROVED THE DECISION TO HIRE PRIOR TO THE JOB OFFERING BEING MADE.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:NO CHANGES TO PROCESS OF AUDIT COMMITTEE'S OVERSIGHT RESPONSIBILITIES WERE NOTED IN 2017.

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