2016-10-21T08:58:37-07:00 2016-06-30 990 2015-07-01 561330792 COMMUNITY FOUNDATION OF HENDERSON COUNTY INC COMM 8286976224 401 N MAIN ST STE 300 HENDERSONVILLE NC 28792 McCray V Benson President 8286976224 2016-08-03 2015 2017-02-10 21:41:12Z MCCRAY V BENSON PO BOX 1108 HENDERSONVILLE NC 28793 9195091 0 X CFHCFOREVER.ORG X 1982 NC BUILD, MANAGE AND GRANT CHARITABLE CAPITAL AND SERVING INDIVIDUALS, FAMILY AND COMMUNITY PHILANTHROPY. 18 18 8 80 0 0 5924928 4505218 0 0 2341078 2819549 63599 44915 8329605 7369682 2630660 2961686 0 0 553614 579301 0 0 115223 681257 608662 3865531 4149649 4464074 3220033 90469768 87615582 1982555 2181896 88487213 85433686 HELPING PEOPLE WHO CARE MAKE LASTING CONTRIBUTIONS TO CAUSES THAT MATTER, COMMUNITY FOUNDATION OF HENDERSON COUNTY IS A HIGHLY VISIBLE, PHILANTHROPIC LEADER DIRECTED BY AN ENGAGED AND COMMITTED BOARD, STAFFED BY QUALIFIED EMPLOYEES, EMPOWERING DONORS AT ALL LEVELS TO INVEST IN PROFESSIONALLY MANAGED CHARITABLE FUNDS THAT ADDRESS COMMUNITY NEEDS. 0 0 3157892 2551186 0 FOUNDED IN 1982, COMMUNITY FOUNDATION OF HENDERSON COUNTY SERVES THE ENTIRE COMMUNITY BY RECEIVING, MANAGING, DISTRIBUTING FUNDS FOR CHARITABLE PURPOSES, AND CONSULTATION ON CHARITABLE PROGRAMS TO FULFILL DONOR'S WISHES, CONTRIBUTIONS MAY BE POOLED AND INVESTED, SO THAT THE INCOME PROVIDES A PERMANENT SOURCE OF GRANT MONIES FOR GENERAL OR SPECIFIC PURPOSES. THE FOUNDATION AWARDS GRANTS THROUGH BOTH COMPETITIVE AND NON-COMPETITIVE PROCESSES WITH THE GREATEST NUMBER OF GRANTS BEING NON-COMPETITIVE, INCLUDING DESIGNATED AND DONOR ADVISED GRANTS. GRANTS WERE AWARDED TO 247 ORGANIZATIONS REPRESENTING A BROAD SPECTRUM OF SERVICES, GRANTS ARE CATEGORIZED INTO EIGHT PROGRAM AREAS: ANIMAL CARE, ARTS AND CULTURE, CIVIC AND COMMUNITY AFFAIRS, CONSERVATION, EDUCATION HEALTH, HUMAN SERVICES AND OTHER. THE FOUNDATION USES STRATEGIES ON CONVENING COMMUNITY INTERESTS; ENGAGE LEADERSHIP, VOLUNTEERS AND ORGANIZATIONS TO WORK COLLABORATIVELY ON COMMUNITY ISSUES. 410500 410500 0 THE FOUNDATION WAS ORIGINALLY FOUNDED WITH FUNDS DESIGNATED FOR SCHOLARSHIP PURPOSES. OVER THE YEARS, THIS AREA OF FOCUS HAS GROWN TO NOW INCLUDE 90 SCHOLARSHIP FUNDS. THE FOUNDATION ADMINISTERS A SCHOLARSHIP PROGRAM THAT EACH YEAR HELPS LOCAL STUDENTS PURSUE THEIR DREAMS AND GOALS AT COLLEGES, UNIVERSITIES, AND TRADE OR TECHNICAL SCHOOLS. IN THE FISCAL YEAR 2015-2016, ACADEMIC AWARDS AND SCHOLARSHIPS WERE AWARDED TO 212 INDIVIDUALS PRIMARILY IN HENDERSON COUNTY, NORTH CAROLINA. THE MAJORITY OF THE FOUNDATION SCHOLARSHIPS ARE BASED ON ACADEMIC ABILITY AND FINANCIAL NEED. HOWEVER, SOME SCHOLARSHIPS HAVE SPECIFIC ELIGIBILITY REQUIREMENTS BASED ON THE DONOR'S CHARITABLE DESIRES. ACTUAL AWARDS VARY DEPENDING UPON THE AVAILABLE INCOME IN EACH INDIVIDUAL SCHOLARSHIP FUND. 0 0 0 3568392 1 1 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 8 1 0 0 0 0 1 1 1 1 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X COMMUNITY FOUNDATION OF HENDERSON COUNTY 8286976224 401 N MAIN ST STE 300 HENDERSONVILLE NC 28792 JOHN BELL JR CHAIR 2 X X 0 0 0 LES BOYD III VICE CHAIR 2 X X 0 0 0 STEVE GREENE TREASURER 2 X X 0 0 0 LAURETTA COOK SECRETARY 2 X X 0 0 0 DAVID MARSHALL ASSISTANT TREASURER 2 X X 0 0 0 RANDOLPH ROMEO PAST CHAIR 2 X X 0 0 0 CINDY CAUSBY DIRECTOR 2 X 0 0 0 TOM DARNALL DIRECTOR 2 X 0 0 0 CHUCK EDWARDS DIRECTOR 2 X 0 0 0 ELISA JARRIN DIRECTOR 2 X 0 0 0 JAIME LAUGHTER DIRECTOR 2 X 0 0 0 BETSY LUTZ DIRECTOR 2 X 0 0 0 SHIRLEY MCGEE DIRECTOR 2 X 0 0 0 BILL MCKIBBIN DIRECTOR 2 X 0 0 0 CHARLEY ROGERS DIRECTOR 2 X 0 0 0 PAM ROGERS DIRECTOR 2 X 0 0 0 JUDY STROUD DIRECTOR 2 X 0 0 0 KAYE YOUNGBLOOD DIRECTOR 2 X 0 0 0 MCCRAY BENSON PRESIDENT/CEO 40 X X 140346 0 21433 RACHEL BUCHANAN SENIOR FINANCE OFFICER 40 X 59109 0 10505 199455 0 31938 1 0 1 0 0 0 0 41430 0 0 4463788 362202 4505218 0 0 0 0 0 1950955 0 0 1950955 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2679633 0 1811039 0 868594 0 868594 0 0 868594 41430 20250 14370 27060 0 27060 17855 0 0 17855 17855 7369682 0 0 2864464 2594628 2594628 367058 367058 0 0 0 0 217289 108264 85416 23609 0 0 0 0 240968 78822 110630 51516 23631 9684 10058 3889 65094 26676 27707 10711 32319 13245 13756 5318 0 0 0 0 37413 0 37413 0 22472 0 22472 0 0 0 0 0 0 0 36092 36092 0 0 74892 36870 38022 0 38968 17190 13252 8526 54508 21800 27213 5495 34473 15746 16292 2435 0 0 0 0 21479 6444 15035 0 10089 3027 6053 1009 0 0 0 0 13566 2914 8285 2367 0 0 0 0 0 0 0 0 34876 11700 23176 0 8693 0 8345 348 ANNUITY PAYMENTS 217112 217112 0 0 4029 1120 2909 0 4149649 3568392 466034 115223 0 0 6432546 5717924 1093669 981387 4219 983 0 0 0 0 0 0 0 0 32049 34759 1209103 667915 545672 541188 76092650 74311053 5880963 5640288 388000 388000 0 0 90469768 87615582 34331 24518 311700 420500 0 0 0 0 0 0 0 0 0 0 0 0 1636524 1736878 1982555 2181896 X 2673596 1499927 21446727 16176479 64366890 67757280 88487213 85433686 90469768 87615582 X 3220033 -6152986 0 0 0 -120574 X 0 1 X 1 0 X 1866366 3662048 1953209 5885651 4426223 17793497 0 0 0 0 0 0 0 0 0 0 0 0 1866366 3662048 1953209 5885651 4426223 17793497 6627556 11165941 1447827 1751034 1611656 1801179 1949208 8560904 0 0 0 0 0 0 58225 62955 43806 48862 42436 256284 26610685 0.41960 0.3818 X Schedule A, Part II, Line 10 OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 106 0 1236978 0 830276 0 15906006 0 1 1 84658657 3442252 -2792581 2751029 11700 963936 81581663 80065222 5592646 2242955 2334244 11471 896451 84658657 68992977 1737523 12217109 2012316 31823 838248 80065222 60904527 3275851 7566623 2005239 10876 737909 68992977 62309478 1671493 -838822 1950332 10876 276414 60904527 0.12 0.8 0.08 0 0 24300 0 24300 848935 0 667915 181020 253886 0 0 253886 81982 0 0 81982 0 0 0 0 541188 Hedge Funds 5640288 F 5640288 0 ANNUITY PAYMENTS PAYABLE 1736878 1736878 X 1204423 -5712334 0 0 -79756 -5792090 6996513 0 373169 373169 7369682 3936766 0 0 0 0 0 3936766 0 212883 212883 4149649 Schedule D, Part V, Line 4 THE PURPOSE OF ENDOWMENTS ARE TO PROVIDE A PERMANENT SOURCE OF GRANT MONIES FOR GENERAL OR SPECIFIC PURPOSES. THE FOUNDATION AWARDS GRANTS THROUGH BOTH COMPETITIVE AND NON-COMPETITIVE PROCESS WITH THE GREATEST NUMBER OF GRANTS BEING NON-COMPETITIVE, INCLUDING DESIGNATED AND DONOR ADVISED GRANTS. GRANTS WERE AWARDED TO 291 ORGANIZATIONS REPRESENTING A BROAD SPECTRUM OF SERVICES. GRANTS ARE CATEGORIZED INTO EIGHT PROGRAM AREAS: ANIMAL CARE, ARTS AND CULTURE, CIVIC AND COMMUNITY AFFAIRS, CONSERVATION, EDUCATION, HEALTH, HUMAN SERVICES AND OTHER. Schedule D, Part X, Line 2 THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION'S RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM99) FOR THE TAX YEARS ENDED JUNE 30, 2013, 2014 AND 2015 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. Schedule D, Part XI, Line 2d CHANGE IN VALUE OF SPLIT INTEREST TRUST ($120,574) AND ORGANIZATIONAL FUND FEES $40,818 Schedule D, Part XI, Line 4b ORGANIZATIONAL ENDOWMENT RECEIPTS $182,391 AND ORGANIZATIONAL ENDOWMENT INVESTMENT EARNINGS AND REALIZED GAINS $190,778 Schedule D, Part XII, Line 4b ORGANIZATION ENDOWMENT EXPENSES $212,883 VINTAGE CAROLINA 85025 29225 55800 0 0 4434 5035 150 4751 0 0 85025 29225 55800 0 0 4434 5035 150 4751 14370 41430 1 All Saints Anglican Church 15 McDowell Rd Mills River NC 287592079 561969028 501(c)(3) 5508 American Red Cross-Henderson County Chapter 100 Edgewood Rd Asheville NC 28804 530196805 501(c)(3) 5281 Arts Council of Henderson County PO Box 767 Hendersonville NC 28793 581430933 501(c)(3) 5864 Asheville Art Museum PO Box 1717 Asheville NC 28802 566060776 501(c)(3) 10713 Bat Cave Baptist Church PO Box 247 Bat Cave NC 287100247 561291944 Other 11195 Blue Ridge Community College Educational 180 W Campus Dr Flat Rock NC 287314728 510175113 501(c)(3) 11277 Blue Ridge Community Health Services Inc PO Box 5151 Hendersonville NC 287935151 560794933 501(c)(3) 25832 Blue Ridge Humane Society 1214 Greenville Hwy Hendersonville NC 28792 566048726 501(c)(3) 97317 Boys and Girls Club of Henderson County PO Box 1460 Hendersonville NC 287931460 561803125 501(c)(3) 121821 CarePartners Foundation PO Box 25339 Asheville NC 28813 562110357 501(c)(3) 28118 Central United Methodist Church 27 Church St Asheville NC 28801 205446516 Other 20000 Children and Family Resource Center of Henderson County PO Box 1105 Hendersonville NC 287931105 562113878 501(c)(3) 29530 Children's Hope Alliance PO Box 1 Barium Springs NC 28010 560529993 501(c)(3) 9000 Chimney Rock Baptist Church PO Box 157 Lake Lure NC 28746 560752157 Other 10000 Community Foundation of Henderson County PO Box 1108 Hendersonville NC 287931108 561330792 501(c)(3) 54530 Community Partnership for Pets PO Box 1021 Flat Rock NC 28731 202972350 501(c)(3) 9852 Fairfield Mountain Chapel 1384 Buffalo Creek Rd Lake Lure NC 28746 581494631 Other 35000 First Baptist Church 312 5th Ave West Hendersonville NC 28739 000000000 Other 7889 First Congregational Church 1735 Fifth Ave W Hendersonville NC 287394013 000000000 Other 5814 First United Methodist Church 204 6th Ave W Hendersonville NC 287394397 262664469 Other 16358 FISH Inc PO Box 2411 Hendersonville NC 28793 581969979 501(c)(3) 5705 Flat Rock Playhouse PO Box 310 Flat Rock NC 287310310 560571518 501(c)(3) 30145 Fletcher Academy PO Box 5440 Fletcher NC 287325440 561432644 501(c)(3) 10356 Fletcher Arts and Heritage Association PO Box 923 Fletcher NC 28732 202614440 501(c)(3) 8320 Four Seasons Hospice 571 S Allen Rd Flat Rock NC 28731 561252665 501(c)(3) 14560 Friends of Henderson County Public Library PO Box 2317 Hendersonville NC 28739 566095455 501(c)(3) 82899 Hands On - A Child's Gallery PO Box 481 Hendersonville NC 28793 830397594 501(c)(3) 14860 Helping Hand Developmental Center PO Box 222 East Flat Rock NC 28726 510138781 501(c)(3) 7944 Henderson County Cancer Service 600 Carolina Village Rd Hendersonville NC 28792 237259362 501(c)(3) 5531 Henderson County Council on Aging Inc 105 King Creek Blvd Hendersonville NC 28784 560936674 501(c)(3) 27456 Henderson County Education Foundation PO Box 1267 Hendersonville NC 28793 581734733 501(c)(3) 28422 Henderson County Free Medical Clinic Inc 841 Case St Hendersonville NC 287926503 562212024 501(c)(3) 38494 Henderson County Genealogical & Historic 400 N Main St Hendersonville NC 287924901 561386421 501(c)(3) 6323 Henderson County Habitat for Humanity 1111 Keith St Hendersonville NC 28792 561642263 501(c)(3) 11684 Henderson County Public Library 301 N Washington St Hendersonville NC 287394300 566000307 509(a)(1) 50618 Henderson County Young Leaders Program PO Box 751 Hendersonville NC 28793 260770191 501(c)(3) 25961 Hendersonville Symphony Orchestra PO Box 1811 Hendersonville NC 287931811 561063207 501(c)(3) 27692 Homeward Bound of Western North Carolina PO Box 1166 Asheville NC 28802 561568917 501(c)(3) 36000 Immaculate Conception Church 208 Seventh Ave W Hendersonville NC 287913602 530196617 501(c)(3) 9275 Interfaith Assistance Ministry PO Box 2562 Hendersonville NC 287932562 581556963 501(c)(3) 25899 Latino Advocacy Coalition 508 N Grove St Hendersonville NC 28792 562267574 501(c)(3) 15701 Mainstay DBA Safelight 133 Fifth Ave W Hendersonville NC 287925083 561469847 501(c)(3) 51756 Manna Food Bank 627 Swannanoa River Rd Asheville NC 288052445 581514800 501(c)(3) 23500 MemoryCare 100 Far Horizons Ln Asheville NC 288032030 562178294 501(c)(3) 58929 Ministry Seven dba Hendersonville Rescue Mission PO Box 1512 Hendersonville NC 28793 581480173 501(c)(3) 35490 National Alliance for Research 90 Park Ave FL 16 New York NY 100161301 311020010 501(c)(3) 14847 North Carolina Network of Grantmakers 3739 National Dr Ste 100 Raleigh NC 27612 581661700 501(c)(3) 14100 Pardee Memorial Hospital Foundation Inc 561 Fleming St Hendersonville NC 28739 561930028 501(c)(3) 402217 Park Ridge Health Foundation 100 Hospital Dr Dept 867 Hendersonville NC 28792 592219301 501(c)(3) 21889 Pisgah Legal Services PO Box 2276 Asheville NC 288022276 561191115 501(c)(3) 28650 Planned Parenthood of Indiana Inc 201 South Meridian Street number 400 Indianapolis IN 46226 350874276 501(c)(3) 6000 Presbyterian Home for Children 80 Lake Eden Rd Black Mountain NC 28711 560538018 501(c)(3) 5750 Reach Out and Read Carolinas 18 Plott Dr Sylva NC 28779 043481253 501(c)(3) 5500 Saint James Episcopal Church 766 North Main St Hendersonville NC 287923612 560682484 Other 50774 Salvation Army of Henderson County PO Box 2387 Hendersonville NC 28793 580660607 501(c)(3) 255465 Shriners Hospitals for Children 950 West Faris St Greenville SC 29605 362193608 501(c)(3) 10939 Sixth Ave Psychiatric and Rehab Partner 522 Kanuga Rd Hendersonville NC 287395226 362193608 501(c)(3) 29027 St Gerard House 620 Oakland St Hendersonville NC 28791 450948760 501(c)(3) 21500 St Pauls Episcopal Church PO Box 70 Edneyville NC 28727 000000000 Other 5215 The Flat Rock Park and Recreation Founda PO Box 1288 Flat Rock NC 287311288 611717036 501(c)(3) 20000 The Housing Assistance Corporation PO Box 2057 Hendersonville NC 28793 581831757 501(c)(3) 48529 Unitarian Universalist Fellowship 409 E Patterson St Hendersonville NC 28739 562001581 501(c)(3) 12750 United Way of Henderson County PO Box 487 Hendersonville NC 287930487 560890133 501(c)(3) 106562 United Way of Transylvania County PO Box 53 Brevard NC 287120053 237145022 501(c)(3) 15305 Veterans Healing Farm 19 Mahshie Lane Hendersonville NC 28739 465689396 501(c)(3) 25000 Vocational Solutions of Henderson County 2110 Spartanburg Hwy East Flat Rock NC 28726 560897854 501(c)(3) 8888 Wake Forest Baptist Medical Center Medical Center Blvd WinstonSalem NC 27157 223849199 501(c)(3) 15989 Will and Deni McIntyre Foundation 77 Bear Rock Rd Hendersonville NC 28739 263029274 501(c)(3) 8000 YMCA of Western North Carolina 53 Asheland Ave Ste 105 Asheville NC 28801 560530013 501(c)(3) 50000 69 0 SCHOLARSHIPS 212 410500 0 0 Schedule I, Part I, Line 2 THE FOUNDATION AWARDS GRANTS THROUGH BOTH COMPETITIVE AND NON-COMPETITIVE PROCESS WITH THE GREATEST NUMBER OF GRANTS BEING NON-COMPETITIVE, INCLUDING DESIGNATED AND DONOR ADVISED GRANTS. GRANTS WERE AWARDED TO 291 ORGANIZATIONS REPRESENTING A BROAD SPECTRUM OF SERVICES. GRANTS ARE CATEGORIZED INTO EIGHT PROGRAM AREAS: ANIMAL CARE, ARTS AND CULTURE, CIVIC AND COMMUNITY AFFAIRS, CONSERVATION, EDUCATION, HEALTH, HUMAN SERVICES AND OTHER PHILANTHROPIC INTEREST. THE FOUNDATION STRIVES TO CONNECT THOSE WHO HAVE PHILANTHROPIC RESOURCES TO THE ORGANIZATIONS AND CAUSES THAT MEET DONORS' CHARITABLE INTERESTS. X 0 0 0 0 0 0 0 0 0 MCCRAY BENSON PRESIDENT/CEO 140346 0 0 0 0 0 0 0 21433 0 161779 0 0 X 12 262202 FMV X 1 100000 APPRAISAL X 1 1134 FMV 1 0 1 0 Form 990, Part VI, Section A, Line 2 Charlie and Pam Rogers have a family relationship Steve Greene and Les Boyd have a family relationship Form 990, Part VI, Section A, Line 8b THE EXECUTIVE COMMITTEE OF THE BOARD CONSISTS OF THE OFFICERS OF THE ORGANIZATION AND PRESIDENT/CEO WHO SERVES AS A NON-VOTING MEMBER. THE COMMITTEE HAS THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE ORGANIZATION BETWEEN MEETINGS OF THE BOARD OF DIRECTORS SUBJECT TO ANY LIMITATIONS IMPOSED BY THE BOARD BY THE BYLAWS OR BY LAW. THE COMMITTEE KEEPS MINUTES OF ITS PROCEEDINGS AND REPORTS TO THE BOARD OF DIRECTORS ON ACTION TAKEN. MINUTES OF MEETINGS OF THE EXECUTIVE COMMITTEE ARE PREPARED AND KEPT WITH THE RECORDS OF THE ORGANIZATION. NO COMMITTEES OF THE BOARD, INCLUDING THE EXECUTIVE COMMITTEE, SHALL BE AUTHORIZED TO TAKE THE FOLLOWING ACTIONS: AUTHORIZE DISTRIBUTIONS, DISSOLVE, MERGE, SELL, PLEDGE OR TRANSFER THE CORPORATION'S ASSETS EXCEPT WITHIN THE GUIDELINES PREVIOUSLY APPROVED BY THE BOARD OF DIRECTORS, ELECT, APPOINT, OR REMOVE DIRECTORS OR FILL VACANCIES ON THE BOARD OF DIRECTORS OR ANY OF ITS COMMITTEES, OR ADOPT, AMEND, OR REPEAL THE ARTICLES OF THE CORPORATION OR THE BYLAWS CORPORATION. Form 990, Part VI, Section B, Line 11b FORM 990 IS REVIEWED IN A BOARD MEETING WITH STAFF AND BOARD MEMBERS Form 990, Part VI, Section B, Line 12c AT THE FIRST BOARD MEETING OF EACH FISCAL YEAR, EACH OF THE BOARD OF DIRECTORS IS REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST FORM, INCLUDING REQUESTS FOR SELF-DISCLOSURE DURING FUTURE VOTES AND ACTIONS. Form 990, Part VI, Section B, Line 15 THE PRIMARY SOURCE FOR COMPARABILITY DATA IS THE "GRANTMAKER'S SALARY AND BENEFITS REPORT" PUBLISHED BY THE COUNCIL ON FOUNDATIONS. Form 990, Part VI, Section C, Line 19 ALL GOVERNING DOCUMENTS ARE MAINTAINED ONLINE AND MADE AVAILABLE UPON REQUEST. FINANCIAL AUDIT RESULTS ARE PUBLISHED ON THE ORGANIZATION'S WEBSITE AND ARE MAINTAINED ON FILE. Form 990, Part XI, Line 9 CHANGE IN VALUE OF SPLIT INTEREST TRUST ($120,574)