2017-07-31T10:56:51-07:00 2016-09-30 JEFFREY BORN CPA INC 3465 AMERICAN RIVER DR STE C SACRAMENTO CA 95864 990 2015-10-01 941613751 THE ALBERT BAKER FUND ALBE 9165949513 1510 J STREET SACRAMENTO CA 95814 ALAN BASHOR CEO 2017-07-24 true JEFFREY BORN P00031002 9169730677 2015 2021-01-29 14:40:06Z 34864324 false false X www.albertbakerfund.org X 1964 CA To serve the cause of Christian Science and humanity by providing resources for the education and development of Christian Scientists. 11 11 8 30 0 -23414 615492 407408 35956 34489 1211948 -513602 2733 295 1866129 -71410 1071788 939311 0 870166 880526 0 290910 667371 641119 2609325 2460956 -743196 -2532366 32595288 33046574 37550 57660 32557738 32988914 X To serve the cause of Christian Science and humanity by providing resources for the education and development of Christian Scientists. false false 472288 415226 Provided post secondary educational grants to 241 Christian Science students in North America. 470322 285038 Provided scholarships and educational grants to 220 international students. 244150 Career Alliance links job seekers to career allies providing career education, internships,job opportunities and networking resources 400567 239047 34489 1587327 true true false false false false false false false true true true false false false false true false false true true false true false false false false false true true false false false false false false false false false false false false false false false false true false false false false true 10 0 true 8 true true true false false false false false false 0 false false false false false false false false false false X 11 11 false false true false false false false true false false false true true true true true true true true false CA X X ANN KENNEDY 9165945913 1510 J STREET SACRAMENTO CA 95814 LUCY HARPER Chair 2.00 0.00 X X 0 0 0 SHARON PERLIS Trustee 1.00 0.00 X 0 0 0 DALE SCHMIDT Trustee 1.00 0.00 X 0 0 0 STEVE SHAPER Treasurer 1.00 0.00 X X 0 0 0 DEBORAH MASTER Trustee 1.00 0.00 X 0 0 0 AMANDA WEITMAN Trustee 1.00 0.00 X 0 0 0 ROBERT REES Vice-Chair 1.00 0.00 X X 0 0 0 ADAM MESSER Trustee 1.00 0.00 X 0 0 0 NAT PELLEGRINI Secretary 1.00 0.00 X X 0 0 0 DAN HERBERT Treasurer 1.00 0.00 X X 0 0 0 ALAN BASHOR CEO 40.00 0.00 X 154684 0 9281 MARILYN JONES PROGRAM DIRECTOR 40.00 0.00 X 112411 0 6745 HARVEY KAUFMANN OUTREACH DIRECTOR 40.00 0.00 X 102277 0 6137 369372 22163 3 false true false WETHERBY ASSET MANAGEMENT 417 MONTGOMERY ST 3RD FLOOR SAN FRANCISCO CA 94104 INVESTMENT SERVICES 133870 1 407408 407408 INTEREST ON STUDENT LOANS 611710 34489 34489 34489 799649 799649 0 0 0 33622483 34935734 -1313251 -1313251 -1313251 0 0 0 REFUNDS/MISC INCOME 295 295 295 -71410 34489 -513307 0 643571 643571 295740 295740 0 163965 65586 65586 32793 0 707570 346552 200267 160751 0 8991 4251 2743 1997 0 74329 62810 11519 1950 1950 48298 48298 0 0 124453 124453 18933 18933 49190 11974 75 37141 16627 737 14036 1854 44764 24720 15185 4859 0 65715 16061 43292 6362 107673 59861 27073 20739 0 0 0 0 21940 4340 16578 1022 6510 6510 MISCELLANEOUS 37980 9434 18623 9923 PROVISION FOR LOAN LOSSES 22757 22757 0 2460956 1587327 582719 290910 X 316539 215631 1343012 981846 37217 123377 14231 0 0 0 2452621 2341863 0 45201 31902 132396 74769 79567 57627 25112615 25408048 3194285 3886280 0 0 0 32595288 33046574 37550 57660 37550 57660 X 30999272 31329915 1411898 1512431 146568 146568 32557738 32988914 32595288 33046574 X -2532366 2976773 -13231 X false true X true false X 332016 600841 579693 615492 407408 2535450 0 0 332016 600841 579693 615492 407408 2535450 0 2535450 978513 678562 1356337 1185655 834138 5033205 0 0 7568655 0.33500 0.33120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1475904 113870 50400 1539374 1593515 -110185 7426 1475904 1527778 103039 37302 1593515 1499916 68699 40837 1527778 1394329 110974 5387 1499916 0.09520 0.90480 false false false 132396 74769 57627 57627 3032355 F 3886280 2780910 2976773 2976773 -195863 124453 124453 -71410 2336503 2336503 124453 124453 2460956 Part V, Line 4: Intended uses of the endowment fund. PROVIDES GRANTS AND LOANS FOR COURSES IN CHRISTIAN SCIENCE NURSING AND UNDERGRADUATE DEGREE PROGRAMS true EUROPE 0 0 GRANTMAKING POST-SECONDARY/NURSING EDUC. 54781 SUB-SAHARAN AFRICA 0 2 GRANTMAKING POST-SECONDARY EDUCATION 237943 PHILIPPINES 0 0 GRANTMAKING POST-SECONDARY EDUCATION 3016 2 2 295740 295740 NEED BASED EDUCATION GRANTS-NURSING EUROPE 9 10702 WIRE TANSFER NEED BASED POSTSECONDARY/VOCATIONAL EUROPE 12 44079 WIRE TRANSFER NEED BASED POSTSECONDARY/VOCATIONAL PHILIPPINES 15 3016 WIRE TRANSFER NEED BASED POSTSECONDARY/VOCATIONAL SUB-SAHARAN AFRICA 193 237943 WIRE TRANSFER false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US use of grants is controlled by making funds payable directly to universities, colleges, or other educational institutions, for benefit of the award recipient. The schools contact us to refund award if student withdraws. We also have regional agents and volunteers that interview the students. Part I, Line 3f - Method of Accounting The organization provides only cash based assistance and employs the accrual method of accounting for transactions. Part I, Line 3f - Investments and Expenditures In addition to $237,943 in post-secondary education grants, expenditures in Sub-Saharan Africa include fees paid to regional representatives and reimbursed communication and travel costs amounting to $62,810.Expenditures in Europe consist of $44,079 in post-secondary education grants and $10,702 in Christian Science nurses training grants.Expenditures in the Philippines consist of $3,016 in post-secondary education grants. true 0 0 Need Based-CS Nurses Ed Grant 90 103595 CS Youth Leadership Programs 127 124750 Need Based-Postsecondary Grant 241 415226 Grantmaker's Description of How Grants are Used Use of grants is controlled by making funds payable to universities, colleges, or other educational institutions, for benefit of award recipient. The schools contact us to refund the award if a student withdraws. we also have regional volunteers that interview students. true X X X false false false false false false false false false false ALAN BASHOR CEO 154684 9281 163965 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Provided 127 youth leadership grants to Christian Science students participating in the National Leadership Council. Total program expenses $135,553, including $124,750 in grants. OTHER PROGRAM SERVICES 5: Post-secondary loan program - Awarded $329,900 in low interest Financial Aid Loans to 152 post-secondary education students. Total program expense $109,141. Program revenue $34,489. OTHER PROGRAM SERVICES 6: Career Alliance links job seekers to career allies providing career education, internships,job opportunities and networking resources Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents The organization filed Second Amended and Restated Articles of Incorporation with the State of California on December 5, 2016. The primary changes to the governing document were (1) to provide corrective/conforming language in Article II that the Organization is organized under the Nonprofit Public Benefit Corporation Law for public and charitable purposes, and(2) to provide corrective/clarifying language in Article III, Sec. d, that upon dissolution or termination of the corporation its remaining assets would be distributed to a 501(c)(3) organization operated exclusively for charitable purposes. CA SOS certified document attached. Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings There are no committees with authority to act on behalf of the governing board. Form 990, Part VI, Line 11b: Form 990 Review Process 30 days prior to filing deadline or prior to the last ABF scheduled board meeting that occurs before the filing deadline, the draft that has been reviewed by the CEO shall be reviewed by the audit committee. The audit committee will prepare comments and submit to board, along with 990, at the meeting occuring prior to the deadline, for the full board to then either approve the latest draft for filing or approve it subject to conditions. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Finance Director collects annual written conflict of interest statements from TDOKEs and any disclosures are reported to the Board and are then subject to proceedings described in the policy. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation Committee uses independent bench marking studies to verify that CEO annual salary is within reasonable percentile relative to comparable organizations. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Key employees, same process as above. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Forms 990 & Audited Financial Statements are available on the organizations website. Other governing documents and Forms 990T are available upon request. Other Changes In Net Assets Or Fund Balances - Other Decreases consolidated SOT net assets eliminated = -$13231 THE ABF TRUST FOR PROGRAM SUPPORT 1510 J STREET 150 SACRAMENTO CA 95814 463988567 FINANCIAL SUPPORT EDUCATIONAL PROGRAMS CA 501(c)(3) 11 TYPE I N/A false false false false false false false false false false false false false false false false false false false false