2017-08-14T07:06:17-05:00 2016-12-31 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2016-01-01 166122899 BOY SCOUTS OF AMERICA COUNCIL 397 ENDOWMENT FUND BOYS 5852444210 2320 BRIGHTON HENRIETTA TL ROAD ROCHESTER NY 14623 STEPHEN HOITT SECRETARY/TREASURER 5852444210 2017-08-03 1 RAYMOND J JACOBI P00160856 5854231860 2017-08-03 24.39.170.122 2017-08-03 13:43:41 ED P 2CFD7D2AC1511B9DDEFABC4F698368CCED9812E7 030B00BAFD0C87B1DE5B78328CA0315705221A68 2016 2021-01-29 14:40:06Z FRANK STRONG 2320 BRIGHTON HENRIETTA TL ROAD ROCHESTER NY 14623 2453370 0 X WWW.SENECAWATERWAYS.ORG X 1952 NY ENDOWMENT FUND TO SUPPORT THE ACTIVITIES AND PROGRAMS OF SENECA WATERWAYS COUNCIL, INC., BOY SCOUTS OF AMERICA. 10 10 0 11 0 0 2289206 90998 0 0 1187958 496948 0 0 3477164 587946 0 0 0 0 0 0 0 0 7741 65921 65831 65921 65831 3411243 522115 17245954 17459683 0 0 17245954 17459683 ENDOWMENT FUND TO SUPPORT THE ACTIVITIES AND PROGRAMS OF SENECA WATERWAYS COUNCIL, INC., BOY SCOUTS OF AMERICA. 0 0 56760 THE TRUST FUND IS FOR THE BENEFIT OF THE SENECA WATERWAYS COUNCIL, INC. WITH 5.5% OF THE AVERAGE ASSET VALUE OF THE PREVIOUS 20 QUARTERS USED TO SUPPORT THE SENECA WATERWAYS COUNCIL ALONG WITH ANY OTHER SPECIFIC BEQUESTS. 56760 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X LORI WILKES 5852418559 2320 BRIGHTON HENRIETTA TOWNLINE RD ROCHESTER NY 14623 FRANK STRONG JR CHAIR 2.00 1.00 X X 0 0 0 FRANK CREGO BOARD TRUSTEE 1.00 1.00 X 0 0 0 DAVID KLEIN BOARD TRUSTEE 1.00 1.00 X 0 0 0 BURTON AUGUST JR BOARD TRUSTEE THROUGH 3/18/16 1.00 1.00 X 0 0 0 PETER PAPE BOARD TRUSTEE 1.00 1.00 X 0 0 0 THOMAS RICHARDS BOARD TRUSTEE 1.00 1.00 X 0 0 0 LOUIS LANGIE JR BOARD TRUSTEE 1.00 1.00 X 0 0 0 ROBERT KESSLER BOARD TRUSTEE 1.00 2.00 X 0 0 0 PETER GREAVES-TUNNELL BOARD TRUSTEE 1.00 1.00 X 0 0 0 ROBERT KERNAN JR BOARD TRUSTEE 1.00 1.00 X 0 0 0 STEPHEN SWARTOUT BOARD TRUSTEE 1.00 1.00 X 0 0 0 STEPHEN HOITT SECRETARY/TREASURER 2.00 38.00 X 0 159003 26118 0 159003 26118 0 0 1 0 0 90998 5209 90998 228143 228143 2134229 1865424 268805 268805 268805 587946 0 0 496948 X 22682 22682 35000 25929 1330 7741 5659 5659 MISCELLANEOUS EXPENSES 2490 2490 65831 56760 1330 7741 217169 23215 5800 3050 0 25000 5364040 5000392 11381798 12164504 277147 243522 17245954 17459683 0 0 X 2952911 3114599 5190539 5185800 9102504 9159284 17245954 17459683 17245954 17459683 X 522115 469451 -777837 X X 0 1 X 1 0 X X 1 SENECA WATERWAYS COUNCIL INC BOY SCOUTS OF AMERICA 160743108 1 1 777837 0 1 777837 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16745838 999531 580473 17164896 15602289 1936735 -158745 634441 16745838 15923919 387089 708719 15602289 14265028 151767 2203177 696053 15923919 12877909 404153 1690116 707150 14265028 0.16430 0.53360 0.30210 0 0 0 ALTERNATIVE INVESTMENTS 1037902 F 41,898.875 SHS ARTISAN INTERNATIONAL INSTITUTIONAL 1078896 F 18,077.419 SHS HARBOR INTERNATIONAL FUND 1055902 F 25,548.9350 SHS PARAMETRIC TAX-MANAGED EMERGING MARKETS FUND 1070245 F 3,951.0743 UNITS OF BSA COMMINGLED ENDOWMENT FUND, LP 6030320 F 44,701.239 SHS DIAMOND HILL SMALL-MID CAP FUND 957501 F 87,674.964 SHS VANGUARD TOTAL BOND MARKET INDEX FUND 933738 F 12164504 279560 469451 469451 -189891 777837 777837 587946 65831 0 65831 0 65831 PART V, LINE 4: THE ENDOWMENT FUND HAS ADOPTED INVESTMENT AND SPENDING PROCEDURES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS ADMINISTERED BY THE SENECA WATERWAYS COUNCIL WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE GOAL IS TO PROVIDE AN INVESTMENT RETURN THAT EXCEEDS THE UNMANAGED MARKET RETURN WHILE REDUCING MARKET RISK THROUGH DIVERSIFICATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: TRANSFER OF INVESTMENT INCOME TO SENECA WATERWAYS COUNCIL 777,837. 0 0 0 0 0 0 0 0 0 STEPHEN HOITT SECRETARY/TREASURER 0 159003 0 0 0 0 0 17008 0 9110 0 185121 0 0 PART I, LINE 3 THE SECRETARY OF THE ENDOWMENT FUND ALSO SERVES AS EXECUTIVE DIRECTOR OF THE SENECA WATERWAYS COUNCIL AND IS COMPENSATED BY THAT RELATED ORGANIZATION. THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS BENCHMARKED BY THE BOY SCOUTS OF AMERICA. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SENECA WATERWAYS COUNCIL'S AUDIT COMMITTEE AND MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES OF THE ENDOWMENT FUND FOLLOW THE POLICIES SET FORTH BY THE EXECUTIVE BOARD OF THE SENECA WATERWAYS COUNCIL. THE SENECA WATERWAYS COUNCIL'S AUDIT COMMITTEE WILL REVIEW CONFLICT OF INTEREST STATEMENTS AND, WITH THE CHAIR, WILL RESOLVE ANY CONFLICTS, IF NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION COMPLIES WITH ALL APPLICABLE FEDERAL AND STATE REGULATIONS. THE INFORMATION IS ON FILE AND CAN BE MADE AVAILABLE FOLLOWING A WRITTEN REQUEST FOR THE INFORMATION. THEY ARE ALSO AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 25,929. MANAGEMENT AND GENERAL EXPENSES 1,330. FUNDRAISING EXPENSES 7,741. TOTAL EXPENSES 35,000. FORM 990, PART XI, LINE 9: TRANSFER OF INVESTMENT INCOME TO SENECA WATERWAYS COUNCIL, INC. -777,837. FORM 990, PART XII, LINE 2C: THE PROCESS IS CONSISTENT WITH PRIOR YEAR. SENECA WATERWAYS COUNCIL INC BOY SCOUTS OF AMERICA 2320 BRIGHTON HENRIETTA TOWNLINE RD ROCHESTER NY 14623 160743108 TO PROVIDE VALUE ORIENTED PROGRAMS FOR YOUTH THROUGH VARIOUS ACTIVITIES NY 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1