2016-11-10T14:33:18-07:00 2015-12-31 990 2015-01-01 452899583 WORD OF LIFE FOUNDATION INC WORD 5184946200 PO Box 600 Schroon Lake NY 12870 Deborah Nightingale Treasurer 5184946205 2016-11-10 2015 2017-02-10 21:41:12Z Bobby Brown PO Box 600 Schroon Lake NY 12870 14695809 0 X www.wol.org X 2012 NY The Foundation is organized and operated exclusively to support the overall mission and vision of Word of Life Fellowship, Inc (Word of Life) . Word of Life will oversee the affairs of the Foundation and ensure that all actions of the Foundation are consistent with the mission, vision, values and purposes of Word of Life. The Foundation, by receiving and managing charitable contributions, will support Word of Life and other charities whose work furthers Word of Life's purposes. 7 2 0 0 0 0 4239904 9589288 0 0 457691 311644 0 0 4697595 9900932 6724687 7900047 0 0 0 0 0 0 69650 165068 160194 6889755 8060241 -2192160 1840691 20995323 22554915 284200 4000 20711123 22550915 THE FOUNDATION IS ORGANIZED AND IS OPERATED AS A TYPE 1 SUPPORTING ORGANIZATION FOR THE SUPPORT AND FURTHERANCE OF THE RELIGIOUS, CHARITABLE, AND EDUCATIONAL TAX-EXEMPT PURPOSES OF WORD OF LIFE FELLOWSHIP INC. THE FOUNDATION RECEIVES AND DISTRIBUTES FUNDS TO WORD OF LIFE FELLOWSHIP INC AND OTHER TAX EXEMPT ORGANIZATIONS WHO FURTHER THE PURPOSES OF WORD OF LIFE FELLOWSHIP INC. 0 0 7900047 7900047 0 THE FOUNDATION IS ORGANIZED AND IS OPERATED AS A SUPPORTING ORGANIZATION FOR THE SUPPORT AND FURTHERANCE OF THE RELIGIOUS, CHARITABLE, AND EDUCATIONAL TAX-EXEMPT PURPOSES OF Word of Life Fellowship Inc . THE FOUNDATION RAISEs AND DISTRIBUTES FUNDS TO WORD OF LIFE FELLOWSHIP INC AND OTHER TAX EXEMPT ORGANIZATIONS WHO FURTHER THE PURPOSES OF WORD OF LIFE FELLOWSHIP INC. 0 0 0 7900047 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 2 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Word of Life Fellowship Inc Attn Roger W Sachleben 5184946000 PO Box Schroon Lake NY 12870 Brown Bobby B Director-Secretary 20 20 X X 0 69265 179 Leach Howard C Director-Treasurer (through Oct 15) 1 4 X X X 0 53394 9672 Lough Don H Director 1 39 X 0 133859 16345 Nelson Benjamin J Director 1 39 X 0 84017 10975 Peterson Bruce Director-Vice President 2 2 X X 0 0 0 Price William Director-President 2 2 X X 0 0 0 Deb Nightengale Director (Nov 2015) 20 20 X 0 41057 423 0 381592 37594 0 1 1 0 Word of Life Fellowship Inc PO Box 600 Schroon Lake NY 12870 Administrative 107000 1 0 0 0 0 0 9589288 154250 9589288 0 402747 0 0 402747 0 0 0 0 0 0 0 0 0 0 4703774 0 4794877 0 -91103 0 -91103 0 0 -91103 0 0 9900932 0 0 311644 7900047 7900047 30544 30544 69650 69650 Management Fees 60000 0 60000 0 8060241 7900047 90544 69650 3322806 6606492 10932985 8843469 6739532 7104954 20995323 22554915 284200 4000 0 0 284200 4000 X 20711123 22550915 0 0 0 0 20711123 22550915 20995323 22554915 1840691 -899 0 0 0 0 X 0 1 1 0 X X 1 Word of Life Fellowship Inc 135648615 9 1 5278577 0 1 5278577 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part I, Line 11 Word of Life Foundation Inc is organized and operated to support Word of Life Fellowship Inc and other public charities whose work furthers Word of Life's purposes. Please see schedule I for details on distributions given to other public charities who received more than $5,000. Schedule A, Part IV, Section A, Line 6 see detail of organizations support in Schedule I Part IV RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10 0 9589288 0 7900047 0 22550915 0 1 1 0 0 X 9705061 0 0 0 0 0 9705061 0 195871 195871 9900932 8060241 0 0 0 0 0 8060241 0 0 0 8060241 Schedule D, Part X, Line 2 The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of December 31, 2015, Word of Life had no uncertain positions that qualify for recognition or disclosure in the financial statements. Schedule D, Part XI, Line 4b Schedule D, Part XI, Line 4b - Interest income on notes receivable from related party and gains/losses on investments 1 Abide International 17701 NW 57th Ave Miami Gardens FL 33055 592400330 50000 Ministry Appalachian Bible College 161 College Dr Mount Hope WV 25880 550370901 728000 Ministry Back to the Bible PO Box 82808 Lincoln NE 68501 476022615 50000 Ministry Baptist Mid Missions Foundation Inc PO Box 308011 Cleveland OH 44130 452782288 12000 Ministry Biblical Ministries Worldwide 1595 Herrington Rd Lawrenceville GA 30043 946171558 160000 Ministry By The Hand PO Box 10043 Chicago IL 60610 203144284 35000 Ministry Campus Crusade for Christ PO Box 628222 Orlando FL 32862 956006173 31400 Ministry Cedarville University 251 N Main St Cedarville OH 45314 310536647 309500 Ministry Central Missionary Clearinghouse PO Box 219228 Houston TX 77218 510138300 12800 Ministry Challenge Ministries International 14140 Abington Ave Detroit MI 48227 383570815 25000 Ministry Crossway Inc 1300 Crescent St Wheaton IL 60187 361143987 8000 Ministry Discipleship Network of America 100 Downers Grove Signal Mountain TN 37377 621845855 10000 Ministry Ecuadorian Harvest Ministries 20005 NE Redmond Rd Redmond WA 98053 911659508 25000 Ministry Encompass World Partners PO Box 80065 City of Industry CA 91716 350992713 5350 Ministry Finish Line Ministries International 250 E Broad St Suite 450 Columbus OH 43215 311356262 255000 Ministry HOPE International Inc 227 Granite Run Dr Suite 250 Lancaster PA 17601 232836648 100000 Ministry Keep Believing Ministries PO Box 257 Elmhurst IL 60126 204619337 50000 Ministry Liberty University Inc Attn Student Accounts Office PO Box 10425 Lynchburg VA 24506 540946734 24100 Ministry Light In Action Inc 1104 El Sonoro Dr Sierra Vista AZ 85635 270894991 8000 Ministry Links Players International 755 N Peach Ave Suite E11 Clovis CA 93611 731258934 10000 Ministry Mars Hill Network Mars Hill Broadcasting Co Inc 4044 Makyes Rd Syracuse NY 13215 222234076 9600 Ministry Moody Church Media 1635 N LaSalle Chicago IL 60614 362167792 10000 Ministry New Hope Family Services 3519 James St Syracuse NY 13206 237103133 8100 Ministry New Tribes Mission Inc 1000 E First St Sanford FL 32771 396024926 25200 Ministry Pioneers Inc 10123 William Carey Dr Orlando FL 32832 521206938 22400 Ministry Prince Avenue Baptist Church Attn Bill Harvill 2131 Ruth Jackson Rd Bogart GA 30622 580637021 11000 Ministry Providence Bible Church PO Box 13946 Denver CO 80201 510184543 167500 Ministry Realife Inc 4600 Richmond St Philadelphia PA 19137 233045279 6000 Ministry RZIM 4725 Peachtree Corners Cir Ste 250 Norcross GA 30092 133200719 20000 Ministry SCORE International Inc PO Box 9994 Chattanooga TN 37412 581605736 67320 Ministry SiFi Ministry Inc Safe Harbor House PO Box 124 Springfield OH 45501 274388478 10000 Ministry SIM PO Box 7900 Charlotte NC 28241 221936391 10000 Ministry South Hills Bible Chapel Attn Ron Moore 300 Gallery Dr McMurray PA 15317 251495523 100000 Ministry The Ryrie Foundation 3310 Fairmont 5D Dallas TX 75201 752001540 25000 Ministry Truth Encounter 251 Meadowbrook Ln Midlothian TX 76065 752446447 25000 Ministry Union Mission Ministries 5100 E Virginia Beach Blvd Norfolk VA 23502 540506427 10000 Ministry United World Mission PO Box 602002 Charlotte NC 28260 596045867 6000 Ministry Water Street Ministries PO Box 7267 Lancaster PA 17604 236004676 50000 Ministry Word of Life Fellowship Inc PO Box 600 Schroon Lake NY 12870 135648615 5278577 Ministry World Team 1431 Stuckert Rd Warrington PA 18976 591759927 6000 Ministry Wycliffe PO Box 628200 Orlando FL 32862 951831097 25000 Ministry Local Church Evangelism PO Box A NewPort ME 04953 010485729 53600 Ministry 41 0 Schedule I, Part I, Line 2 Grant recommendations are reviewed against donor advised fund purpose statements, Grantees must provide their EIN and are advised by letter included with each distribution that distributions are from donor advised funds and therefore tax receipt should not be provided. Grantees must affirm that 1:distributions will be used exclusively for the furtherance of the Grantee's proper exempt purpose 2: no private benefit, goods or services were received by any individual 3: this gift is not in satisfaction of a personal obligation 4: this gift will not be used for political activity 5: this gift will not be used for school tuition apart from an established scholarship program. The Foundation depends on the governing boards of the receiving organizations to assure that the conditions for receiving the distributions are met. X 1 1 X 0 0 0 0 0 0 0 0 0 Lough Don H Director 0 133859 0 0 0 16345 0 0 0 0 0 150204 0 Schedule J, Part I, Line 1a Spouse would travel with employee with ministry purposes Schedule J, Part I, Line 3 compensation of the director is approved by the board CBC Companies Company owned by board member Ministry X 16000000 8843469 0 1 1 8843469 X 1 154250 NYSE 0 0 1 0 Form 990, Part VI, Section A, Line 6 Word of Life Fellowship is the sole member of the foundation. Form 990, Part VI, Section A, Line 7a Word of Life Fellowship Inc has the power to elect and remove members of the governing board. Form 990, Part VI, Section A, Line 7b Word of Life Fellowship Inc will have the following powers with respect to the Foundation (1) to elect and remove all directors of the foundation (2) to appoint the president of the Board of the Foundation (3) to select independent auditors,legal counsel and other major consultants for the foundation and (4) approve the foundations investment policy, fundraising policy, gifts receipts policy and major agreements and annual budgets. Form 990, Part VI, Section B, Line 11b A copy of the 990 is provided to each board member before it is filed. Form 990, Part VI, Section B, Line 12c Each director is required to annually review and file signed declarations of compliance with thepolicy or state possible exceptions which are reviewed and approved or disallowed by the board. The conflict of interest policy prohibits a person with a conflict of interest from participating in discussion on a related issue and they must be excused from the meeting when voting. Form 990, Part VI, Section C, Line 19 Word of Life Foundation makes available to the public upon request our tax exemption determination letter, form 990 , audited financial statements and articles of incorporation. Word of Life Fellowship Inc PO Box 600 Schroon Lake NY 12870 135648615 Religious outreach NY 501(c)(3) Line 9 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0