2016-11-07T14:37:50-06:00 2015-12-31 351178661 Blue & Co LLC 106 Community Dr Seymour IN 47274 990 2015-01-01 611329396 Foundation For Appalachian Kentucky Inc FOUN 6064391357 PO Box 310 Chavies KY 41727 Gerry Roll Executive Director 6064391357 2016-10-31 1 Kandy L Wischmeier CPA P00118327 8125228416 2016-10-31 2015 2017-02-10 21:41:12Z GERRY ROLL PO Box 310 Chavies KY 41727 1436197 0 X WWW.appalachianky.org X 2002 KY THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO RECEIVE, HOLD, HANDLE, ADMINISTER, INVEST, AND REINVEST MONEY AND PROPERTY OF ALL KINDS RECEIVED BY GIFT, DEVISE, PAYMENTS, BEQUEST, OR APPOINTMENT, IN TRUST OR OTHERWISE, FOR CHARITABLE PURPOSES, PRIMARILY IN, OR FOR THE BENEFIT OF, THE PEOPLE OF SOUTHEASTERN KENTUCKY, INCLUDING FOR SUCH PURPOSES AS -A. TO ASSIST COMMUNITIES AND ORGANIZATIONS IN PROVIDING INNOVATIVE, HIGH-QUALITY PROGRAMS AND SERVICES TO THE RESIDENTS OF SOUTHEASTERN KENTUCKY.B. TO ADMINISTER FOR CHARITABLE PURPOSES PROPERTY DONATED TO THE CORPORATION;C. TO DISTRIBUTE MONEY FOR SUCH PURPOSES IN ACCORDANCE WITH THE TERMS OF GIFTS, BEQUESTS, OR DEVISES TO THE CORPORATION NOT INCONSISTENT WITH ITS PURPOSES, AS SET FORTH IN THESE ARTICLES OF INCORPORATION, OR IN ACCORDANCE WITH DETERMINATIONS MADE BY THE BOARD OF DIRECTORS PURSUANT TO THESE ARTICLES OF INCORPORATION; ANDD. TO DISTRIBUTE PROPERTY TO QUALIFIED CHARITABLE ORGANIZATIONS FOR CHARITABLE PURPOSES. 10 10 5 100 0 0 555286 827585 0 0 79614 140693 -9625 -10986 625275 957292 365397 446246 0 0 148556 207067 0 0 119913 130160 207914 644113 861227 -18838 96065 6117367 6148637 9581 16391 6107786 6132246 X Our mission is to be a catalyst for community collaboration and charitable giving; to create permanent endowment funds as a sustaining resource to improve quality of life and place in Eastern Kentucky. 0 0 631012 446246 During the past year, the Foundation:*continued to operate and establish a well-grounded, well known and well regarded office and staff in the heart of the southeastern Kentucky coal fields while establishing and participating in regional initiatives to transition to a diverse economy as the coal industry continues to decline;*met national standards for US Community Foundations as set forth by the Community Foundations National Standards Board at the National Council on Foundations;*had over $3.2 million assets under management in over 90 funds with more than 2,300 donors, and a mailing list of over 3,000 people;*provided fiscal and administrative sponsorships for over 10 organizations; and*provided leadership and support to the Appalachia Funders Network, a collaborative of 80+ public and private funders working together to build community capacity and promote an equitable economic transition into new and emerging sectors as the coal industry continues to decline. 631012 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 5 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 0 0 1 0 0 KY X X The Organization 6064391357 PO Box 310 Chavies KY 41727 ANNIE WILLIAMS SECRETARY 2.00 X X 0 0 0 Bill Fields DIRECTOR 1.00 X 0 0 0 CHRIS GOOCH tREASURER 1.00 X X 0 0 0 DANNY MAGGARD PRESIDENT 2.00 X X 0 0 0 Mack Baker Vice President 1.00 X X 0 0 0 Joel Brashear dIRECTOR 1.00 X 0 0 0 PEGGY VIRES DIRECTOR 1.00 X 0 0 0 SCOTT MCREYNOLDS DIRECTOR 1.00 X 0 0 0 JERALD COMBS DIRECTOR 1.00 X 0 0 0 Rodney Chrisman DIRECTOR 1.00 X 0 0 0 Gerry Roll Executive Director 40.00 X X 52192 0 12326 52192 0 12326 0 0 0 0 0 125573 702012 827585 78036 78036 530576 467919 62657 62657 62657 0 125573 10986 -10986 -10986 957292 0 0 129707 446246 446246 64518 21293 21290 21935 102866 33946 33946 34974 2973 981 981 1011 25495 8414 8413 8668 11215 3701 3701 3813 5452 5452 50600 20240 10120 20240 5692 5692 16715 5516 5683 5516 5905 1948 2008 1949 5500 1375 2750 1375 21869 7217 7217 7435 12493 4122 4123 4248 6935 2288 2358 2289 6920 6920 PROGRAM EXPENSES 67512 67512 MISCELLANEOUS 2321 761 792 768 861227 631012 110302 119913 330898 216046 253213 92561 47000 50081 43453 39334 10250 4119 1868894 2339139 3607112 3446691 6117367 6148637 2287 4312 7294 12079 9581 16391 X 64753 33347 4213662 4104817 1829371 1994082 6107786 6132246 6117367 6148637 X 96065 -161184 89579 X X 0 1 X 1 0 X 1396506 4512689 553963 555286 827585 7846029 1396506 4512689 553963 555286 827585 7846029 5368444 2477585 9350 38442 63449 72957 78036 262234 8108263 0.30560 0.26350 X THE PUBLIC SUPPORT PERCENTAGES FOR THE FOUNDATION OF APPALACHIAN KENTUCKY, INC. (THE FOUNDATION) FOR 2015 AND 2014 ARE 30.56% AND 26.35%, RESPECTIVELY. SINCE THE FOUNDATION'S PUBLIC SUPPORT PERCENTAGE IS LESS THAN 33 1/3 PERCENT FOR THE CURRENT AND PRIOR YEAR, IT FAILS THE MECHANICAL TEST FOR PUBLIC SUPPORT.THEREFORE, THE FOUNDATION MUST PASS THE FACTS AND CIRCUMSTANCES TEST IN ORDER TO MAINTAIN ITS PUBLIC SUPPORT STATUS. THE FOUNDATION DOES PASS THE FACTS AND CIRCUMSTANCES TEST FOR 2015. IN ORDER TO PASS THE FACTS AND CIRCUMSTANCES TEST, THE ORGANIZATION MUST DO THE FOLLOWING:SOURCES OF SUPPORT- THE ORGANIZATION SHOULD SEEK GIFTS AND CONTRIBUTIONS FROM A WIDE BASE OF POTENTIAL DONORS IN THE COMMUNITY THAT IS SERVED. THE FOUNDATION SEEKS CONTRIBUTIONS FROM A VARIETY OF SOURCES, INCLUDING, BUT NOT LIMITED TO INDIVIDUALS WITHIN THE COMMUNITY, BUSINESSES WITHIN THE COMMUNITY, OTHER PUBLICLY SUPPORTED ORGANIZATIONS WITHIN THE COMMUNITY AND OTHER PUBLIC AND PRIVATE FOUNDATIONS WITHIN THE COMMUNITY.REPRESENTATIVE GOVERNING BODY- THE BOARD OF DIRECTORS SHOULD REPRESENT VARIOUS AREAS OF PUBLIC INTEREST IN THE AREAS SERVED. THE FOUNDATION MAINTAINS A DIVERSE BOARD OF DIRECTORS REPRESENTING MANY INTEREST GROUPS WITHIN THE COMMUNITY.AVAILABILITY OF PUBLIC FACILITIES OR SERVICES AND/OR PUBLIC PARTICIPATION IN PROGRAMS- THE ORGANIZATION SHOULD BE ALWAYS OFFERING ITS SERVICES TO DONORS IN PLANNING THEIR GIVING AND EDUCATING THE PUBLIC ABOUT GRANT MAKING OPPORTUNITIES. THE FOUNDATION UNDERTAKES NUMEROUS INITIATIVES THROUGHOUT THE YEAR TO EDUCATE DONORS ON THE OPTIONS AVAILABLE FOR CHARITABLE GIVING AND ALSO EDUCATES AREA ORGANIZATIONS AND SCHOOLS ON THE FUNDS AVAILABLE ANNUALLY FOR DISTRIBUTION FROM THE ORGANIZATION. ALL SERVICES ARE PROVIDED AT NO COST TO THE DONORS OR GRANT RECIPIENTS. IN ADDITION, THE FOUNDATION OFFERS A NUMBER OF FORUMS ON COMMUNITY INTEREST ITEMS THROUGHOUT THE YEAR THAT ARE OPEN TO THE GENERAL PUBLIC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 37 450000 736135 190600 279146 3321800 2906157 1 1 6053033 716441 -25942 446246 167740 20647 6108899 5896542 591575 95960 365397 139886 25761 6053033 5621705 421188 200686 242052 83115 21870 5896542 1550905 4387188 53048 347153 22283 5621705 420876 1230179 -4492 77910 17748 1550905 0.00170 0.32640 0.67190 0 0 15053 12827 2226 28400 26507 1893 4119 INTEREST IN CHARITABLE LEAD ANNUITY TRUST 3446691 3446691 X 923869 -161184 12000 110227 -38957 962826 5452 -10986 -5534 957292 899409 12000 31634 43634 855775 5452 5452 861227 Part V, Line 4: TO SUPPORT CHARITABLE PURPOSES OF APPALACHIAN KENTUCKY. Part X, Line 2: THE FOUNDATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2015 AND 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS SUCH, THE FOUNDATION IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE FOUNDATION IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX WHICH IS AN INFORMATIONAL RETURN ONLY. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. Part XI, Line 2d - Other Adjustments: ADMINISTRATIVE FEES 20,648. change in value of split interest agreement 89,579. Part XI, Line 4b - Other Adjustments: fundraising expense -10,986. Part XII, Line 2d - Other Adjustments: ADMINISTRATIVE FEES 20,648. Fundraising Expense 10,986. Run For The Hills Charity Challenge 125573 125573 100 268 10618 125573 125573 100 268 10618 10986 -10986 1 KY Infant Development Station 426 Mulberry St Hazard KY 41701 611317002 501c3 7502 to further the exempt purpose of the organization Hazard Perry County Community Ministries 151 Miss Edna Lane Hazard KY 41701 610899221 501c3 27827 to further the exempt purpose of the organization Challenger Learning Center One Community College Dr Hazard KY 41701 311492348 501c3 28944 to further the exempt purpose of the organization HOUSING DEVELOPMENT ALLIANCE INC 2871 NORTH MAIN ST hazard KY 41701 611253346 501c3 39208 to further the exempt purpose of the organization Franklin Road Academy 4700 Franklin Road Nashville TN 37220 621138075 501c3 50000 to further the exempt purpose of the organization Hazard Independent College Foundation PO Box 1052 Hazard KY 41702 610660686 501c3 10413 to further the exempt purpose of the organization KY River Child Advocacy Center 465 Cedar Street Hazard KY 41701 611367930 501c3 14543 to further the exempt purpose of the organization Cameron Hoskins Foundation 727 KY Highway 28 Hazard KY 41701 273260839 501c3 10480 to further the exempt purpose of the organization Coal For Kids PO Box 71 Chavies KY 41727 264480190 501c3 21089 to further the exempt purpose of the organization Hazard Rotary Foundation PO Box 1864 Hazard KY 41702 462342735 501c3 14944 to further the exempt purpose of the organization ARH Foundation for Healthier Communities 100 Airport Gardens Road Hazard KY 41701 204840007 501c3 11360 to further the exempt purpose of the organization First Baptist Church of Paintsville PO Box 1673 Paintsville KY 41240 610733237 501c3 16329 to further the exempt purpose of the organization Flat Gap Volunteer Fire Department PO Box 151 Flatgap KY 41219 611041918 501c3 5000 to further the exempt purpose of the organization Johnson County Family Resource Youth 453 North Mayo Trail Paintsville KY 41240 616001343 501c3 10000 to further the exempt purpose of the organization Johnson County Schools 453 North Mayo Trail paintsville KY 41240 616001343 501c3 15000 to further the exempt purpose of the organization LKLP Community Action Council Inc 398 Roy Campbell Drive Hazard KY 41701 610661299 501c3 5000 to further the exempt purpose of the organization Pathfinders of Perry County PO Box 1986 hazard KY 41702 208241987 501c3 6735 to further the exempt purpose of the organization Red Brush Fire Department 1165 KY Route 172 Paintsville KY 41240 611202504 501c3 5000 to further the exempt purpose of the organization Teach for America - Appalachia 470 Main Street hazard KY 41701 133541913 501c3 9000 to further the exempt purpose of the organization USO PO Box 96860 Washington DC 20090 131610451 501c3 24000 to further the exempt purpose of the organization Wounded Warrior Project PO Box 75817 Topeka KS 66675 202370934 501c3 36000 to further the exempt purpose of the organization 18 0 Part I, Line 2: GRANTS THAT ARE PAID OUT ARE PAID THROUGH PASS-THROUGH FUNDS. ALL DOCUMENTATION IS KEPT ON FILE REGARDING ANY GRANTS PAID. Form 990, Part VI, Section B, line 11 A copy of the 990 is reviewed and approved by the board prior to filing. Form 990, Part VI, Section B, line 12c ALL ACTIVITIES ARE REVIEWED AND BROUGHT BEFORE THE BOARD FOR APPROVAL AND DISAPPROVAL. ANY ACTIVITY THOUGHT TO BE A POSSIBLE CONFLICT IS OR WILL BE BROUGHT TO THE ATTENTION OF THE FOUNDATION LEGAL COUNSEL. Form 990, Part VI, Section B, line 15a THE BOARD SETS THE SALARY AND WAGES FOR ALL EMPLOYEES. SUCH ITEMS ARE DISCUSSED AND VOTED ON AT THE REGULARLY MONTHLY MEETINGS. Form 990, Part VI, Section C, line 19 THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY ARE ALL AVAILABLE UPON REQUEST. Form 990, Part XI, line 9: Change in Value of Split-Interest Agreement 89,579. FORM 990, PART XiI, LINE 2C THE PROCEDURES THAT THE AUDIT COMMITTEE TAKES ANNUALLY DID NOT CHANGE DURING THE YEAR.