2017-08-21T09:11:41-07:00 2016-12-31 Bement & Company PC 39 E Eagle Ridge Dr Ste 200 North Salt Lake UT 840542550 990 2016-01-01 830308856 COMMUNITY FOUNDATION OF JACKSON HOLE COMM 3077391026 PO BOX 574 JACKSON WY 83001 KAREN COLEMAN EXEC VICE PRES & CFO 2017-08-21 true BRENT J BEMENT P01259774 8019361900 2016 2021-01-29 14:40:06Z 32938533 false false X www.cfjacksonhole.org X 1994 WY TO IMPROVE LIVES THROUGH PHILANTHROPIC LEADERSHIP BY PROVIDING SUPERIOR DONOR SERVICES, ENSURING THE SUSTAINABILITY OF THE PHILANTHROPIC COMMUNITY, MAKING GRANTS THAT POSITIVELY IMPACT THE COMMUNITY AND SERVING AS A LEADER, CATALYST AND RESOURCE. 23 22 11 600 0 21220650 25342816 57293 60829 4927704 629141 0 26205647 26032786 16711908 22250260 0 990273 1087875 0 165854 1481398 1060459 19183579 24398594 7022068 1634192 52325958 55840582 215846 149107 52110112 55691475 X TO IMPROVE LIVES THROUGH PHILANTHROPIC LEADERSHIP BY PROVIDING SUPERIOR DONOR SERVICES, ENSURING THE SUSTAINABILITY OF THE PHILANTHROPIC COMMUNITY, MAKING GRANTS THAT POSITIVELY IMPACT THE COMMUNITY AND SERVING AS A LEADER, CATALYST AND RESOURCE. false false 12713235 11781984 4371 OLD BILL'S FUN RUN / TIN CUP CHALLENGE - SINCE 1997, THE COMMUNITY FOUNDATION HAS PRODUCED OLD BILL'S FUN RUN FOR CHARITIES, A COLLABORATIVE FUNDRAISING OPPORTUNITY IN TETON COUNTY, WY. OVER THE PAST 20 YEARS, THE EVENT HAS RAISED OVER $133 MILLION FOR LOCAL NONPROFITS. IN 2016, APPROXIMATELY 3,800 DONORS GAVE $12.1 MILLION (INCLUDING INTERFUND GIFTS) TO BENEFIT 201 ORGANIZATIONS. A SIMILAR EVENT, INITIATED BY OUR AFFILIATE IN TETON COUNTY, ID, RAISED AN ADDITIONAL $1.3 MILLION FROM OVER 950 DONORS TO BENEFIT 41 ORGANIZATIONS IN TETON VALLEY, ID AND ALTA, WY. 9991702 9568406 48788 FUND ADMINISTRATION - THE COMMUNITY FOUNDATION MANAGES APPROXIMATELY 240 FUNDS DESIGNED TO MAKE PHILANTHROPY EASY AND EFFECTIVE FOR LOCAL DONORS AND TO PROVIDE COST EFFECTIVE ASSET MANAGEMENT FOR LOCAL NONPROFITS. IN 2016, THE FOUNDATION RECEIVED APPROXIMATELY 700 GIFTS, TOTALING $14.6 MILLION, FOR THESE FUNDS AND PROCESSED OVER 1,800 GRANTS, TOTALING $13.3 MILLION, FROM OUR DONOR ADVISED, DESIGNATED AND OTHER ADVISED FUNDS, INCLUDING INTERFUND GRANTS, TO BENEFIT QUALIFIED CHARITIES WORKING IN A VARIETY OF FIELDS THROUGHOUT THE U.S. 1153847 899870 COMPETITIVE GRANTS / SCHOLARSHIPS - THE FOUNDATION'S COMPETITIVE AND MICRO GRANTS PROGRAMS SUPPORT ORGANIZATIONS THAT ADDRESS COMMUNITY NEEDS ON A COMPETITIVE BASIS BASED UPON COMMUNITY NEED, IMPACT, AND ORGANIZATIONAL CAPACITY. OUR SCHOLARSHIP FUNDS HELP DESERVING YOUTH PURSUE EDUCATIONAL OPPORTUNITIES. IN 2016, THE GRANTS PROGRAMS PROVIDED MORE THAN $700,000 TO OVER 100 LOCAL ORGANIZATIONS TO ADDRESS IMPORTANT ISSUES IN JACKSON HOLE, AND OVER 50 STUDENTS RECEIVED APPROXIMATELY $186,000 IN SCHOLARSHIPS TO PURSUE THEIR EDUCATIONAL DREAMS. THE FOUNDATION ALSO OFFERS A YOUTH PHILANTHROPY PROGRAM TO INTRODUCE HIGH SCHOOL STUDENTS TO PHILANTHROPY AND GRANTMAKING. 84659 7670 23943443 true true false false false true false false false true true true false false false false false true false false true true false false false false false true true true false false false false false false false false false false false true false false false true true true true false false true 28 0 true 11 true false false false false false false false false 0 false false false false false false false false false false X 23 22 true false false false false false false true true false true true true true true true true true true true false X X KAREN COLEMAN 3077391026 245 EAST SIMPSON ST JACKSON HOLE WY 83001 GRANT LARSON Director 1.00 0.00 X 0 0 0 DON OPATRNY Director 1.00 0.00 X 0 0 0 JIM AUGE CHAIR 4.00 0.00 X 0 0 0 CLAY GEITTMANN EXECUTIVE MEMBR 2.00 0.00 X 0 0 0 SCOTT GIBSON Director 1.00 0.00 X 0 0 0 LISA CARLIN Director 1.00 0.00 X 0 0 0 DICK COLLISTER VICE-CHAIR 2.00 0.00 X 0 0 0 BOB KOPP EXECUTIVE MEMBR 2.00 0.00 X 0 0 0 TIM WATTERS CHAIR CFTV 2.00 0.00 X 0 0 0 BILL HOGLUND EXECUTIVE MEMBR 2.00 0.00 X 0 0 0 MERCEDES HUFF Director 1.00 0.00 X 0 0 0 CATHY KEHR Secretary 2.00 0.00 X 0 0 0 BRAD MEAD Director 1.00 0.00 X 0 0 0 BILL NEWTON EMERITUS 1.00 0.00 X 0 0 0 ERIKA PEARSALL VICE-CHAIR 2.00 0.00 X 0 0 0 MARGOT SNOWDON Director 1.00 0.00 X 0 0 0 RICHARD SPENCER Treasurer 2.00 0.00 X 0 0 0 KARLA TESSLER Director 1.00 0.00 X 0 0 0 LAURA HARRISON Director 1.00 20.00 X 0 58100 0 NOA STARYK Director 1.00 0.00 X 0 0 0 PAUL VOGELHEIM Director 1.00 0.00 X 0 0 0 BARBARA HOEFT Director 1.00 0.00 X 0 0 0 MARCIA KUNSTEL Director 1.00 0.00 X 0 0 0 KATHARINE CONOVER President & CEO 50.00 0.00 X 234823 0 30532 KAREN COLEMAN Exec VP & CFO 50.00 0.00 X 204019 0 28024 438842 58100 58556 2 false true false CANTERBURY CONSULTING INC 660 NEWPORT CENTER DRIVE SUITE 300 NEWPORT BEACH CA 92660 INVESTMENT ADVISORY 117399 1 1327711 24015105 3022291 25342816 PROGRAM/REGISTRATION FEES 60829 60829 60829 923759 923759 0 0 0 6611129 6905747 -294618 -294618 -294618 0 0 0 0 26032786 -233789 923759 21919010 21919010 186250 186250 145000 145000 0 497398 412841 64661 19896 0 448473 372590 58028 17855 18107 15029 2354 724 66222 55800 7970 2452 57675 47870 7498 2307 0 0 24801 24801 0 0 210268 182821 20989 6458 74331 71824 1917 590 153084 60201 92883 48918 40884 6144 1890 54301 46978 5600 1723 0 15523 12884 2018 621 8578 7147 1094 337 0 125684 125561 94 29 0 0 32680 27125 4248 1307 9781 5415 4105 261 PROJECT EXPENSES 115255 115255 MISCELLANEOUS 114262 39188 60188 14886 Printing and Publications 41543 27666 13500 377 WEBSITE REDESIGN 31450 26104 4088 1258 0 24398594 23943443 289297 165854 X 0 2995441 2417805 340000 2010000 0 0 0 1910000 1930000 0 0 1596345 169937 1437693 1426408 37354871 41844785 7396688 5866701 0 0 891265 344883 52325958 55840582 195846 149107 20000 215846 149107 X 49860112 53371475 2250000 2320000 52110112 55691475 52325958 55840582 1634192 1947171 X false true X true false X 21899527 21119862 18186042 21170650 25342816 107718897 0 0 21899527 21119862 18186042 21170650 25342816 107718897 16870871 90848026 739776 715863 1022881 626976 923759 4029255 0 0 111748152 162017 0.81300 0.86560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126 8 11439883 390497 7841379 254337 27049286 598335 true true 23070752 4106026 1185472 819941 148655 27393654 20678041 3711697 -515226 641879 161881 23070752 18300085 2495279 484027 397393 203957 20678041 11678124 5427355 1944166 583002 166558 18300085 10115647 747064 1216068 271007 129648 11678124 1.00000 false false false 600000 600000 894363 98409 795954 101982 71528 30454 1426408 1332150 F 5866701 27051490 1488770 15561 1504331 25547159 485627 485627 26032786 23707562 23707562 691032 691032 24398594 Part V, Line 4: Intended uses of the endowment fund. PART V LINE 4: DUE TO THE FOUNDATION'S VARIANCE POWER, ALL OF ITS ENDOWMENT FUNDS ARE CLASSIFIED AS BOARD-DESIGNATED. ENDOWMENT FUNDS ARE INTENDED TO PROVIDE GRANTMAKING RESOURCES TO ADDRESS EVOLVING COMMUNITY NEEDS IN PERPETUITY AND TO SUPPORT THE FOUNDATION'S OPERATIONS ON A PERMANENT BASIS. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 DONOR DIRECTED/ADMIN FUND INTEREST/GAINS $345 AGENCY ENDOWMENT / DD ADMIN FEE $15216 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S AGENCY ENDOWMENT / DD CONTRIBUTIONS $412927 AGENCY ENDOWMENT / DD DIVIDENDS & INTRST $217609 AGENCY ENDOWMENT / DD REALIZED GAIN/LOSS $-144909 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S AGENCY ENDOWMENT / DD GRANTS $656307 AGENCY ENDOWMENT / DD OTHER EXPENSES $34725 true SUB-SAHARAN AFRICA 0 0 GRANTS 145000 145000 145000 SUB-SAHARA AFRI GENERAL SUPPORT 125000 WIRE TRNSFR SUB-SAHARA AFRI GENERAL SUPPORT 20000 WIRE TRNSFR 2 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US PRIOR TO ISSUANCE OF AN INTERNATIONAL GRANT, ELIGIBILITY FOR POTENTIAL GRANTEES IS VERIFIED THROUGH COMPLETION OF A DUE DILIGENCE CHECKLIST THAT INCLUDES THE FOLLOWING: (1) REVIEW OF THE U.S. TREASURY SDN LIST, (2) RECEIPT AND REVIEW OF GRANTEE ORGANIZATIONAL DOCUMENTS AND MOST RECENT FINANCIAL STATEMENTS, AND (3) RECEIPT AND REVIEW OF AN AFFIDAVIT FROM THE GRANTEE REGARDING CHARITABLE STATUS, PAST AND FUTURE ACTIVITIES, DISSOLUTION PROVISIONS AND RESTRICTIONS ON PRIVATE INUREMENT AND POLITICAL ACTIVITY. BASED UPON THE RESULTS OF THE DILIGENCE PROCESS, THE ORGANIZATION IS EITHER DEEMED TO BE SUBSTANTIALLY EQUIVALENT OR EXPENDITURE RESPONSIBIILTY IS EXERCISED. A GRANT CONTRACT PROVIDES FOR SEPARATE ACCOUNTING OF GRANT AWARDS AND THE PROVISION OF GRANT REPORTS. ALL GRANT AWARDS ARE ALSO ACCOMPANIED BY A LETTER THAT STATES "NO GOODS OR SERVICES MAY BE PROVIDED IN EXCHANGE FOR THIS GRANT" AND DETAILS ANY RESTRICTIONS OF THE USE OF GRANT FUNDS. THE USE OF FUNDS IS ALSO MONITORED THROUGH DONOR-ADVISED FUNDHOLDERS' ONGOING RELATIONSHIPS WITH THE GRANTEES. true SEE CONTINUATION SHEET SCH I-1 VARIOUS VARIOUS WY 83001 21259959 0 269 0 STUDENT SCHOLARSHIPS FOR COLLEGES AND UNIVERSITIES 56 177750 SCHOLARSHIPS-PROFSNL CERTIFICATION 1 8500 Grantmaker's Description of How Grants are Used PRIOR TO ISSUANCE OF A GRANT, ELIGIBILITY FOR ALL POTENTIAL DOMESTIC GRANTEES IS VERIFIED THROUGH IRS PUBLICATION 78, GUIDESTAR OR DIRECT CORRESPONDENCE WITH THE GRANTEE TO VERIFY CHARITABLE STATUS. ALL GRANT AWARDS ARE ALSO ACCOMPANIED BY A LETTER THAT STATES "NO GOODS OR SERVICES MAY BE PROVIDED IN EXCHANGE FOR THIS GRANT" AND DETAILS ANY RESTRICTIONS OF THE USE OF GRANT FUNDS. THE USE OF FUNDS FOR ALL DISCRETIONARY GRANTS IS MONITORED THROUGH REGULAR STAFF CONTACT WITH LOCAL GRANTEES AND MANDATORY GRANT REPORTS. GRANT REPORTS ARE DUE WITHIN ONE YEAR OF COMPLETION OF THE GRANT, AND GRANTEES ARE INELIGIBLE TO RECEIVE FUTURE GRANTS SO LONG AS THERE ARE DELINQUENT GRANT REPORTS. THE USE OF GRANTS FROM DONOR ADVISED FUNDS IS TYPICALLY MONITORED THROUGH THE ADVISORS' ONGOING RELATIONSHIP WITH THE GRANTEE. X true true X X X X false false false false false false false false false false KAREN COLEMAN Exec VP & CFO 175000 29019 8161 19863 232043 KATHARINE CONOVER President & CEO 200000 34823 9393 21139 265355 Part I, Line 1a: Relevant information in regards to selections on 1a. X 70 2454291 FMV DAY RECVD X 1 310000 ESTATE TRUSTEE X 16 NOMINAL VALUE X SUPPLIES/EQUIP 34 NOMINAL VALUE X OIL&GAS INTERST 1 258000 ESTATE TRUSTEE false true false Part I, Line 33, Revenues Not Reported THE FOUNDATION RECEIVED A LIMITED NUMBER OF CONTRIBUTIONS OF FOOD, SUPPLIES AND EQUIPMENT, AND COLLECTIBLES. AS THE ESTIMATED VALUE OF THESE CONTRIBUTIONS IS NOT MATERIAL TO THE FOUNDATION'S FINANCIAL STATEMENTS, NO CONTRIBUTION REVENUE IS RECORDED. ALL IN-KIND DONORS ARE ISSUED A TAX RECEIPT PURSUANT TO IRS RULES. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICES - IN ADDITION TO FUND ADMINISTRATION, OLD BILL'S FUN RUN, AND COMPETITIVE GRANTS AND SCHOLARSHIPS, THE COMMUNITY FOUNDATION ALSO SUPPORTS LOCAL NONPROFITS BY OFFERING CLASSES ON NONPROFIT MANAGEMENT (E.G. BOARD DEVELOPMENT, GRANT WRITING, SUSTAINABILITY, ETC.), COORDINATING NETWORKING AND INFORMATION SHARING OPPORTUNITIES (E.G. BREAKFAST CLUBS, VOLUNTEERJACKSONHOLE.ORG, AND A NONPROFIT LIST-SERVE) AND PROVIDING TECHNICAL ASSISTANCE AND CONSULTING AS REQUESTED. IN 2016, APPROXIMATELY 289 PARTICIPANTS ATTENDED CLASSES, WORKSHOPS, OR NETWORKING EVENTS OFFERED BY THE FOUNDATION, AND 148 ORGANIZATIONS PARTICIPATED. VOLUNTEER JACKSON HOLE SERVED 773 VOLUNTEERS AND 59 AGENCIES DURING 2016. TWO LIST-SERVES ARE USED BY APPROXIMATELY 1,260 SUBSCRIBERS COLLECTIVELY. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et A LIMITED NUMBER OF UNRELATED CURRENT AND FORMER DIRECTORS HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER, SUCH AS SERVING ON COMMON BOARDS AND HAVING OWNERSHIP INTERESTS IN THE SAME BUSINESS ENTITIES. WITH THE EXCEPTION OF STANDARD BUSINESS ACCOUNTS HELD AT LOCAL BANKS, NONE OF THE ENTITIES THROUGH WHICH THESE DIRECTORS HAVE BUSINESS RELATIONSHIPS ENGAGED IN ANY TRANSACTIONS WITH THE FOUNDATION. Form 990, Part VI, Line 11b: Form 990 Review Process THE FOUNDATION'S VICE PRESIDENT WORKS CLOSELY WITH THE FOUNDATION'S AUDITORS TO PREPARE THE FORM 990 AND REVIEWS THE FINAL DRAFT FOR ACCURACY AND COMPLETENESS. PRIOR TO FILING THE FORM 990, THE VICE PRESIDENT PROVIDES COPIES TO THE DIRECTORS. TO FACILITATE ITS REVIEW, THE VICE PRESIDENT WALKS THROUGH THE FORM 990 FINAL DRAFT AT A BOARD MEETING, HIGHLIGHTING ANY ITEMS OF NOTE OR CHANGES FROM THE PRIOR YEAR AND ADDRESSING ANY QUESTIONS THAT ARISE. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ALL FOUNDATION STAFF, DIRECTORS AND COMMITTEE MEMBERS COMPLETE A CONFLICT OF INTEREST POLICY & DISCLOSURE FORM ANNUALLY. THE FORM INCLUDES A COPY OF THE CONFLICT OF INTEREST POLICY AND FORM FOR DISCLOSING ANY POTENTIAL CONFLICTS. THE FORMS ARE COLLECTED AND REVIEWED BY THE FOUNDATION'S VICE PRESIDENT. POTENTIAL STAFF CONFLICTS MUST BE APPROVED BY THE FOUNDATION'S EXECUTIVE COMMITTEE. BOARD MEMBERS AND COMMITTEE MEMBERS SELF REGULATE AND MONITOR EACH OTHER, ALONG WITH STAFF INPUT. ANY INDIVIDUALS WITH CONFLICT OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN DELIBERATION AND VOTING. INDVIDUALS WITH CONFLICTS RECUSE THEMSELVES WHEN NECESSARY, WITH SUCH ACTION NOTED IN MEETING MINUTES. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE FOUNDATION'S PRESIDENT IS REVIEWED AT LEAST ANNUALLY BY THE FOUNDATION'S COMPENSATION COMMITTEE. COMPENSATION IS BASED UPON THE FOUNDATION'S APPROVED COMPENSATION PHILOSOPHY AND INCLUDES A REVIEW OF THE COUNCIL ON FOUNDATION'S ANNUAL SALARY SURVEY, THE MOST RECENT NONPROFIT SALARY SURVEY FOR JACKSON HOLE, AND CURRENT KNOWLEDGE OF COMPENSATION LEVELS FOR LEADERS OF OTHER LOCAL NONPROFITS. THE ACHIEVEMENT OF AGREEMENT UPON GOALS FOR THE PRIOR YEAR, BOTH QUANTITATIVE AND QUALITATIVE IN NATURE DRIVEN BY OUR LONG-RANGE PLAN, IS ALSO TAKEN INTO CONSIDERATION. THE COMPENSATION COMMITTEE RECOMMENDS ANY MERIT BONUS FOR THE PRIOR YEAR AND COMPENSATION FOR THE COMING YEAR TO THE EXECUTIVE COMMITTEE FOR APPROVAL. ALL BOARD MEMBERS HAVE AN OPPORTUNITY TO REVIEW AND DISCUSS THE EXECUTIVE COMMITTEE'S COMPENSATION RECOMMENDATIONS DURING BOARD MEETING EXECUTIVE SESSIONS. COMPENSATION FOR THE VICE PRESIDENT IS DETERMINED AND APPROVED BY THE PRESIDENT USING A SIMILAR FORMAT. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE FOUNDATION'S FORM 990 IS AVAILABLE UPON REQUEST FROM THE FOUNDATION AND ON GUIDESTAR. ITS AVAILABILITY IS NOTED ON THE FOUNDATION'S WEBSITE AND IN THE ANNUAL REPORT. THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE POSTED ON THE FOUNDATION'S WEBSITE. THE GOVERNING DOCUMENTS, FORM 1023 AND CONFLICT OF INTEREST AND OTHER BOARD APPROVED POLICIES ARE ALSO AVAILABLE UPON REQUEST. HMKT JH LLC PO BOX 574 JACKSON WY 83001 821180174 INVESTMENT HOLDING COMPANY WY COMMUNITY FOUNDATION OF JACKSON HOLE COMMUNITY FOUNDATION DONOR DIRECTED FUND PO BOX 574 JACKSON WY 83001 830313321 SUPPORTING ORGANIZATION - GRANT MAKING WY 501(c)(3) 509(a)(3)-I N/A true NEWTON FOUNDATION PO BOX 14670 JACKSON WY 83002 966470560 SUPPORTING ORGANIZATION - GRANT MAKING WY 501(c)(3) 509(a)(3)-III N/A false false false true false false false false false false false false false false true true false false false false COMMUNITY FOUNDATION DONOR DIRECTED FUND c 9700 COST COMMUNITY FOUNDATION DONOR DIRECTED FUND n 78366 COST COMMUNITY FOUNDATION DONOR DIRECTED FUND o 1082957 COST NEWTON FOUNDATION c 1318011 COST