2017-09-22T09:33:47-05:00 2015-12-31 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2015-01-01 222714023 AMERICAN BAPTIST FOUNDATION AMER 6107682035 PO BOX 851 VALLEY FORGE PA 194820851 PERKIN SIMPSON EXECUTIVE DIRECTOR 6107682035 2017-09-22 1 STACY CULLEN P00974308 2159798800 2017-09-21 2015 2021-01-29 14:40:06Z X PERKIN SIMPSON PO BOX 851 VALLEY FORGE PA 194820851 46878341 0 X WWW.ABCOFGIVING.ORG X 1986 PA TO FUNDRAISE FOR AMERICAN BAPTIST MINISTRIES. 17 17 10 17 0 0 1956603 2802860 731762 794671 2734165 2633212 25540 10159 5448070 6240902 430666 623811 0 0 551372 686593 0 0 45522 468758 502567 1450796 1812971 3997274 4427931 135254651 127142618 84741109 79439659 50513542 47702959 TO SUPPORT AND STRENGTHEN THE CHRISTIAN WITNESS FULFILLED BY THE FOUNDATION'S PARTNERS IN MINISTRY AND MISSION. THESE INCLUDE AMERICAN BAPTIST HOME MISSION SOCIETIES, AMERICAN BAPTIST INTERNATIONAL MINISTRIES AND A MAJORITY OF AMERICAN BAPTIST REGIONS. 0 0 806392 623811 794671 RELIGIOUS PROGRAMS. THE FOUNDATION WORKS WITH AMERICAN BAPTISTS TO ENCOURAGE PLANNED GIFTS FOR AMERICAN BAPTIST MINISTRIES, ISSUING GIFT ANNUITIES AND SERVING AS TRUSTEE FOR CHARITABLE REMAINDER TRUSTS. THREE NEWSLETTERS ARE ISSUED ANNUALLY, STAFF CONDUCTS SEMINARS IN CHURCHES (ABOUT 100 ANNUALLY) AND WORKS DIRECTLY WITH POTENTIAL DONORS. 806392 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 277 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X ANGEL PAGAN 6107682035 PO BOX 851 VALLEY FORGE PA 194820851 JESSE BROWN DIRECTOR 1.00 X 0 0 0 NORMAN BULLOCK DIRECTOR 1.00 X 0 0 0 PATTI GLASSER TREASURER 1.00 X 0 0 0 EDDIE CRUZ DIRECTOR 1.00 X 0 0 0 WILLIAM CARLSEN CHAIR 1.00 X X 0 0 0 DAVID GNIRK DIRECTOR 1.00 X 0 0 0 JEFFREY HAGGARTY DIRECTOR 1.00 X 0 0 0 SARAH HODGES-AUSTIN DIRECTOR 1.00 X 0 0 0 SHARON KOH DIRECTOR 1.00 X 0 0 0 LAURA MIRAZ DIRECTOR 1.00 X 0 0 0 MARCUS PEREIRA DIRECTOR 1.00 X 0 0 0 MARSHALL PETERS DIRECTOR 1.00 X 0 0 0 JACKIE SAXON DIRECTOR 1.00 X 0 0 0 JOHN SIMMONS DIRECTOR 1.00 X 0 0 0 NICHOLE TILLMAN DIRECTOR 1.00 X 0 0 0 STEVE VAN OSTRAN DIRECTOR 1.00 X 0 0 0 LIANNE WRIGHT DIRECTOR 1.00 X 0 0 0 PERKIN SIMPSON EXECUTIVE DIRECTOR 45.00 X 117698 0 21964 117698 0 21964 1 0 0 0 0 324776 2478084 2802860 MANAGEMENT FEES 525990 676671 676671 SERVICE INCOME 525990 118000 118000 794671 2374137 2374137 40896514 40637439 259075 259075 259075 MISCELLANEOUS INCOME 900099 10159 10159 10159 6240902 804830 0 2633212 623811 623811 139663 27933 111730 288325 57665 230660 62100 12420 49680 84335 16867 67468 112170 22434 89736 46000 46000 7613 7613 45522 45522 52752 4992 47760 76478 76478 32338 32338 65320 22209 43111 4298 4298 22493 22493 CONTRACTED SERVICES 87041 18061 68980 BOARD EXPENSE 27057 27057 MISCELLANEOUS 20255 20255 SPECIAL PROJECTS 15400 15400 1812971 806392 961057 45522 X 6196569 4518929 34688 184990 506039 509706 14996 10400 12268 4596 128143724 121485806 126363 203591 235000 235000 135254651 127142618 704846 643398 84036263 78796261 84741109 79439659 X 4305596 4272749 4957288 2204209 41250658 41226001 50513542 47702959 135254651 127142618 X 4427931 -3660988 -3577526 X X 0 1 X 1 0 X X 2 AMERICAN BAPTIST HOME MISSION SOCIETY 135602314 1 0 238806 0 AMERICAN BAPTIST FOREIGN MISSION SOCIETY 135563392 1 0 238806 0 2 477612 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 29113 88067 1284155 1 1 46212028 773078 -1899432 1651452 43434222 44563926 827658 2513871 1693427 46212028 36476666 4347594 5596418 1840482 44580196 29654564 5884476 2208589 1270963 36476666 24207336 5888598 -415718 25652 29654564 0.00000 0.94920 0.05080 0 0 14996 10400 4596 4596 ANNUITY ACTUARIAL LIABILITY 5128106 FUNDS OF OTHERS 73668155 78796261 X 1515987 -3660988 -1063927 -4724915 6240902 0 6240902 4326570 2513599 2513599 1812971 0 1812971 PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2012-2014) OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S 2015 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,063,927. PART XII, LINE 2D - OTHER ADJUSTMENTS: DISTRIBUTIONS FROM ENDOWMENT FUNDS 2,513,599. 1 AMERICAN BAPTIST CHURCHES OF CONNECTICUT 90A NORTH MAIN ST WEST HARTFORD CT 061071924 060672784 501(C)(3) 15000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST CHURCHES OF GREATER INDIANAPOLIS 1100 W 42ND ST 218 INDIANAPOLIS IN 46208 350903063 501(C)(3) 25000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST CHURCHES OF INDIANA AND KENTUCKY 1350 N DELAWARE ST INDIANAPOLIS IN 46202 350868105 501(C)(3) 24200 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST CHURCHES OF MAINE PO BOX 617 AUGUSTA ME 043320617 010211563 501(C)(3) 20000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST CHURCHES OF METRO NEW YORK 475 RIVERSIDE DR 432 NEW YORK NY 10115 135563027 501(C)(3) 25000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST CHURCHES OF MICHIGAN 4578 HAGADORN RD EAST LANSING MI 48823 381969700 501(C)(3) 25000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST CHURCHES OF NEBRASKA 6404 MAPLE STREET SUITE 2 OMAHA NE 68104 470376625 501(C)(3) 23000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST CHURCHES OF NEW JERSEY 3752 NOTTINGHAM WAY SUITE 101 TRENTON NJ 08690 221487264 501(C)(3) 20000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST CHURCHES OF OHIO 136 GALWAY DRIVE NORTH GRANVILLE OH 430239577 314379525 501(C)(3) 25000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST CHURCHES OF THE ROCHESTERGENESSEE REGION 1101 CLOVER STREET ROCHESTER NY 14610 160743918 501(C)(3) 15000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMERICAN BAPTIST INTERNATIONAL MINISTRIES PO BOX 851 VALLEY FORGE PA 19482 135563392 501(C)(3) 275960 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AURORA HILLS CHURCH 12800 E ALAMEDA AVE AURORA CO 80012 840799623 501(C)(3) 9690 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. DISTRICT OF COLUMBIA BAPTIST CONVENTION 1628 16TH ST NW WASHINGTON DC 20009 351050501 501(C)(3) 15000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. EVERGREEN ASSOCIATION OF AMERICAN BAPTIST CHURCHES 409 3RD AVE S A KENT WA 98032 760704854 501(C)(3) 20000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. FIRE FIGHTER MINISTRY 3009 AVENUE I SCOTTSBLUFF NE 693614477 470424781 501(C)(3) 5000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. FIRST BAPTIST CHURCH OF CHICAGO 935 E 50TH ST CHICAGO IL 60615 362210701 501(C)(3) 15500 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. FIRST BAPTIST CHURCH OF COUNCIL BLUFFS 540 1ST AVE COUNCIL BLUFFS IA 51503 420740995 501(C)(3) 18461 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. MID-AMERICAN BAPTIST CHURCHES 2400 86TH ST STE 15 DES MOINES IA 50322 420703272 501(C)(3) 22000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. WEST VIRGINIA BAPTIST CONVENTION 1019 JULIANA ST PARKERSBURG WV 26101 550356998 501(C)(3) 25000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. 19 0 PART I, LINE 2: THE ORGANIZATION REQUIRES THE GRANT RECIPIENTS TO FILE AN INTERIM REPORT OF THE PROGRESS MADE ON THE PROJECT FOR WHICH THE GRANT WAS MADE NO LATER THAN SIX MONTHS AFTER THE DATE THAT THE GRANT FUNDS WERE DISBURSED. IN ADDITION, THE GRANT RECIPIENT MUST FILE A FINAL COMPREHENSIVE REPORT ON THE STRUCTURE, REACH AND IMPACT(S) OF THE PROJECT INCLUDING A CRITIQUE OF ITS STRENGTHS AND WEAKNESSES. THIS FINAL REPORT MUST BE SUBMITTED NO LATER THAN TWELVE MONTHS AFTER THE DATE THAT THE FUNDS WERE DISBURSED. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE PRESIDENT WHO IS ASSISTED IN THE PROCESS BY THE BUSINESS MANAGER BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. COMPLIANCE WITH THIS POLICY IS MONITORED ON A CONSISTENT BASIS BY THE BOARD OF DIRECTORS. IF ANY POTENTIAL CONFLICT ARISES, THE BOARD IMMEDIATELY MAKES IT KNOWN TO THE PERSON(S) INVOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT AND OTHER ORGANIZATION OFFICERS IS DETERMINED BY THE BOARD OF DIRECTORS USING ALL RELEVANT INFORMATION THAT IS READILY AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: DISTRIBUTIONS FROM ENDOWMENT -2,513,599. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,063,927. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AMENDED FORM 990 AN AMENDED FORM 990 IS BEING FILED FOR THE YEAR ENDED DECEMBER 31, 2015. THE RETURN IS BEING AMENDED DUE TO THE FACT THAT THE ORIGINAL FORM WAS FILED USING AUDITED FINANCIAL STATEMENTS WHICH WERE NOT FINALIZED. THE FINANCIAL STATEMENTS WERE FINALIZED ON DECEMBER 16, 2016, WHICH IS SUBSEQUENT TO THE NOVEMBER 15, 2016 EXTENDED FILING DEADLINE FOR THE FORM 990. THERE WERE A FEW NUMBERS ON THE FINAL AUDITED FINANCIAL STATEMENTS THAT CHANGED FROM THE NUMBERS SHOWN ON THE DRAFT FINANCIAL STATEMENTS THAT WERE USED TO PREPARE THE ORIGINAL FORM 990. SUMMARY OF CHANGES TO THE FORM 990: 1. PART VIII, STATEMENT OF REVENUE: TOTAL CONTRIBUTIONS ON LINE 1H INCREASE FROM $2,802,859 TO $2,802,860 RESULTING IN A $1 INCREASE IN TOTAL REVENUE. 2. PART IX, STATEMENT OF FUNCTIONAL EXPENSES: OTHER SALARIES AND WAGES ON LINE 7 INCREASED FROM $253,450 TO $288,325; OTHER EMPLOYEE BENEFITS ON LINE 9 INCREASED FROM $83,505 TO $84,335; PAYROLL TAXES ON LINE 10 INCREASED FROM $106,778 TO $112,170. THESE CHANGES RESULTED IN A $41,097 INCREASE IN TOTAL EXPENSES. 3. PART X, BALANCE SHEET: SAVINGS AND TEMPORARY CASH INVESTMENTS ON LINE 2 DECREASED FROM $4,560,026 TO $4,518,929 RESULTING IN A $41,097 DECREASE IN TOTAL ASSETS. ACCOUNTS PAYABLE AND ACCRUED EXPENSES ON LINE 17 INCREASED FROM $461,605 TO $643,398 RESULTING IN A $181,793 INCREASE IN TOTAL LIABILITIES. UNRESTRICTED NET ASSETS ON LINE 27 DECREASED FROM $4,495,639 TO $4,272,749 RESULTING IN A $222,890 DECREASE IN TOTAL NET ASSETS. 4. SCHEDULE D, PART V, ENDOWMENT FUNDS: NET INVESTMENT EARNINGS ON LINE 1C DECREASED FROM -$1,899,363 TO -$1,899,432. OTHER EXPENDITURES ON LINE 1E INCREASED FROM $1,651,451 TO $1,651,452. THESE CHANGES RESULTED IN A $70 DECREASE IN THE ENDING ENDOWMENT FUND BALANCE. AMERICAN BAPTIST HOME MISSION SOCIETY PO BOX 851 VALLEY FORGE PA 19482 135602314 ESTABLISHING, MAINTAINING OR AIDING BAPTIST CHURCHES OR MISSIONS IN THE U.S. PA 501(C)(3) 1 0 AMERICAN BAPTIST FOREIGN MISSION SOCIETY PO BOX 851 VALLEY FORGE PA 19482 135563392 BRINGING U.S. AND PUERTO RICO CHURCHES TOGETHER WITH PARTNERS WORLDWIDE PA 501(C)(3) 1 0 AMERICAN BAPTIST MULTI-REGION CORPORATION PO BOX 851 VALLEY FORGE PA 19482 ESTABLISHING, MAINTAINING OR AIDING BAPTIST CHURCHES OR MISSIONS IN THE U.S. PA 501(C)(3) 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0