2018-11-06T14:43:29-06:00 2018-06-30 710355269 Landmark PLC CPAs 201 E Markham Suite 500 Little Rock AR 72201 990 2017-07-01 710331442 Arkansas Bar Foundation ARKA 5013754606 2224 Cottondale Lane Little Rock AR 72202 Ann Dixon Pyle Executive Director 5013754606 2018-11-05 1 Randy L Milligan P00943582 5013752025 12.188.221.99 2018-11-05 13:24:46 CS P 9722B457934D0A873F6E1FE427B70F8BA90CF44A 9722B457934D0A873F6E1FE427B70F8BA90CF44A 2017 2019-02-21 02:37:17Z Ann Dixon Pyle 2224 Cottondale Lane Little Rock AR 72202 551749 0 X WWW.arkansasbarfoundation.com X 1960 AR The exempt purpose of the Arkansas Bar Foundation is to promote the following educational, literary, scientific and charitable purposes: to improve and facilitate the administration of justice; to promote study and research in the field of law; the diffusion of knowledge thereof; and the continuing education of lawyers; to cause to be published and to distribute addresses, reports, treatises and other literary works on legal subjects and to acquire, preserve and exhibit rare books and documents, objects of art, and items of historical interest having legal significance or bearing on the administration of justice. 18 18 3 75 0 0 70994 114479 0 0 70568 91937 -19452 -23760 122110 182656 82806 75519 0 0 82780 86163 0 0 0 78446 83847 244032 245529 -121922 -62873 5721343 5777335 77390 61696 5643953 5715639 X See Schedule OThe exempt purpose of the Arkansas Bar Foundation is to promote the following educational, literary, scientific and charitable purposes: to improve and facilitate the administration of justice; to promote study and research in the field of law; the diffusion of knowledge thereof; and the continuing education of lawyers; to cause to be published and to distribute addresses, reports, treatises and other literary works on legal subjects and to acquire, preserve and exhibit rare books and documents, objects of art, and items of historical interest having legal significance or bearing on the administration of justice. 0 0 53969 53969 Approximately forty scholarships provided for law students at the University of Arkansas and University of Arkansas at Little Rock. 22928 3000 Annual function to honor scholarship contributions and scholarship recipients and to allow the two groups to meet. A second function recognizes new Fellows and those who have provided outstanding service to the Bar. 18550 18550 Provided two professorships at University of Arkansas Law Schools. 15761 Funded special projects to improve the administration of justice, promote the study of law, enhance the judicial process, and promote professionalism among Arkansas attorneys. Projects include an annual seminar for attorneys newly admitted to the Bar; funding educational programs for the Arkansas Bar Association annual meeting; and, support for Arkansas Bar Association Mock Trial Competitions for high school students. 15761 111208 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 1 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 X The Organization 5013754606 2224 Cottondale Lane Little Rock AR 72202 Judge John N Fogleman President 5.00 X X 0 0 0 Jason B Hendren Vice President 2.00 X X 0 0 0 Danyelle Walker Secretary-Treasurer 2.00 X X 0 0 0 Danny Thrailkill Director 0.25 X 0 0 0 G S Brant Perkins Director 0.25 X 0 0 0 Pamela Gibson Director 0.25 X 0 0 0 Paul W Keith Director 0.25 X 0 0 0 Conrad T Odom Director 0.25 X 0 0 0 Amy Grimes Director 0.25 X 0 0 0 Curtis E Hogue Director 0.25 X 0 0 0 Vicki Vasser-Jenkins Director 0.25 X 0 0 0 Wm Stuart Jackson Director 0.00 X 0 0 0 Edward T Oglesby Director 0.25 X 0 0 0 Mark H Allison Director 0.25 X 0 0 0 Sam Ledbetter Director 0.25 X 0 0 0 Lyn P Pruitt Director 0.25 X 0 0 0 Jeffery McKinley Immediate Past President 0.25 X 0 0 0 John Coulter Trust Committee Chair 0.25 X 0 0 0 Anthony A Hilliard Arkansas Bar Association President 0.25 X 0 0 0 Ann Dixon Pyle Executive Director 20.00 X 44848 0 4471 44848 0 4471 0 0 0 0 0 14162 100317 114479 71486 71486 224207 245759 -21552 -21552 -21552 135522 115071 20451 20451 20451 0 14162 8263 -8263 -8263 Miscellaneous 900099 6055 6055 6055 182656 0 0 68177 21922 21922 53597 53597 49982 49982 28343 28343 2444 2444 5394 5394 5500 5500 24744 24744 8398 8398 6672 6672 1173 1173 21508 21508 Mock Trials & CLE 13930 13930 Bad Debt 1600 1600 Miscellaneous Expense 240 169 71 Fellow Photos 82 82 245529 111208 134321 0 314441 309700 28133 18360 10998 3989 3142274 1002142 2205581 2140132 3159350 3302314 2840 2840 5721343 5777335 30180 61696 18000 29210 0 77390 61696 X 4108747 4120053 270208 283305 1264998 1312281 5643953 5715639 5721343 5777335 -62873 134559 0 X 0 1 X 1 0 X 74735 104151 61828 53598 114479 408791 74735 104151 61828 53598 114479 408791 408791 60868 69162 83873 60008 72670 346581 17610 1940 -77609 12433 26706 -18920 736452 0.55510 0.59010 X 1535206 87198 57233 47161 1632476 1514682 19865 51793 51134 1535206 1488526 19516 59541 52901 1514682 1454915 30850 59431 56670 1488526 1411845 39545 45748 42223 1454915 0.03000 0.81000 0.16000 0 0 350000 350000 2584440 802020 1782420 11673 8676 2997 196161 191446 4715 2140132 X 571437 134559 254222 388781 182656 0 182656 499751 254222 254222 245529 0 245529 Part V, Line 4: Earnings from the Scholarship Endowment Fund are to be used to provide scholarships to the University of Arkansas School of Law and the University of Arkansas at Little Rock School of Law. Earnings from the Judith Gray Annual Meeting Endowment are used to defray the cost of bringing prominent speakers to the Annual Meeting of the Arkansas Bar Association. Earnings from the CLE Endowment are to be used to enhance the quality of continuing legal education or to reduce the cost to the continuing legal education students. Part X, Line 2: The Foundation is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the Code) and is not a private foundation within the meaning of Section 509(a) of the Code. Accounting standards require the Foundation to evaluate tax positions and recognize a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Foundation has analyzed the tax positions taken and has concluded that as of June 30, 2018 and 2017, there are no uncertain positions taken or expected to be taken that would require the recognition of a liability (or asset) or disclosure in the financial statements. The Foundation may be subject to audit by the Internal Revenue Service; however there are currently no audits for any tax periods in progress. Part XI, Line 2d - Other Adjustments: Special Event Expenses 8,263. Building Occupancy Expenses 245,759. Miscellaneous Expense 200. Part XII, Line 2d - Other Adjustments: Special Event Expenses 8,263. Building Occupancy Expenses 245,759. Miscellaneous Expense 200. 1 University of Arkansas at Little Rock 2801 S University Ave Little Rock AR 72204 716056774 9275 Professorship University of Arkansas Waterman Hall 107 Fayetteville AR 72204 716003252 9275 Professorship 2 Scholarships 63 53597 Part I, Line 2: Scholarship payments are made directly to the University on the students' behalf. Form 990, Part VI, Section A, line 4 The Bylaws were amended by a vote of the Board of Directors on February 2, 2018. The primary change added language in Article VIII, Section 7.B in regard to allocation of funds from special fundraising event. Form 990, Part VI, Section A, line 6 The corporation shall have the following members: (a) all of the following officials of the Arkansas Bar Association: the current officers, the current members of the Board of Governors, and the past presidents. (b) The Directors of this corporation, the past Directors of this corporation who have served at least one full term, and the Fellows of the Arkansas Bar Foundation. Form 990, Part VI, Section A, line 7a The business of the Corporation shall be conducted by the Board of Directors. The elected Directors shall be elected by the Members of the Foundation for three year staggered terms. Form 990, Part VI, Section A, line 7b The members of the Foundation may adopt Articles for the government of the Foundation, consistent with these articles, as are designated to carry out the objects of the Foundation. These Articles may be amended, and in order to approve these articles, the approval of both the Board of Directors and the Members shall be required. The Approval of any amendment to the articles by the Members shall be by the vote of two-thirds of the votes cast by the members of the Foundation present at a meeting duly called for the purpose of considering any amendment and at which there is present a quorum of twelve Members Form 990, Part VI, Section B, line 11b Form 990, along with applicable supplemental schedules, has been reviewed in detail by the Foundation's audit committee. Form 990 and applicable schedules have been distributed to all members of the Board of Directors prior to filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 15a The Executive Committee of the Foundation Board, (President, Vice President and Secretary-Treasurer) perform a written performance evaluation of the Executive Director each May prior to making a recommendation for compensation in the proposed budget which is considered at the annual Board meeting in June. The last time this evaluation occurred was May, 2018. Form 990, Part VI, Section C, line 19 Governing documents, policies and financial statements are available for review upon request. Arkansas Bar Association 2224 Cottondale Lane Little Rock AR 72202 710262732 Advancing the administration of justice according to law AR 501(c)(6) N/A 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 Arkansas Bar Association J 216000 FMV Arkansas Bar Association K 80000 FMV Arkansas Bar Association P 13930 Cash Arkansas Bar Association Q 890 Cash