UNION CITY EDUCATION FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
UNION CITY EDUCATION FOUNDATION INC (EIN 45-4726182)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202523219349301602
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T06:48:57-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351750664PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAUBY O'CONNOR & ZALESKI LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1501 CONGRESSIONAL BLVD 300AddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454726182EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNION CITY EDUCATION FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUNIOBusinessNameControlTxt
Phone7655467803PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1334 NORTH HIGH STREETAddressLine1Txt
CityUNION CITYCityNm
State AbbreviationINStateAbbreviationCd
ZIP47390ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCONNOR WYATTPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7655467803PhoneNum
Signature2025-11-17SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNANCY MORTONPreparerPersonNm
PTINP00370064PTIN
Phone3178485700PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCONNOR WYATTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1334 NORTH HIGH STREETAddressLine1Txt
CityUNION CITYCityNm
State AbbreviationINStateAbbreviationCd
ZIP47390ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$185,146GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://UNIONCITYEDUCATIONFOUNDATION.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTO PROVIDE EDUCATIONAL FUNDS IN SUPPORT OF STUDENTS OF RESC FOR STUDENT SCHOLARSHIPS, PROGRAMS THAT ENHANCE TEACHER MORALE AND EFFECTIVENESS, CAPITAL PROGRAMS AIMED AT ENHANCEMENT OF CURRICULUM OR SPECIAL PROGRAMS IDENTIFIED AS VALUABLE TO THE EDUCATION PROCESS BUT NOT AFFORDABLE WITHIN NORMAL OPERATING BUDGETS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$103,561PYContributionsGrantsAmt
CY Contributions Grants$105,594CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$72,672PYInvestmentIncomeAmt
CY Investment Income$79,552CYInvestmentIncomeAmt
PY Other Revenue$3,000PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$179,233PYTotalRevenueAmt
CY Total Revenue$185,146CYTotalRevenueAmt
PY Grants And Similar Paid$99,902PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$112,575CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$16,000PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$28,975CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$15,565PYOtherExpensesAmt
CY Other Expenses$17,930CYOtherExpensesAmt
PY Total Expenses$131,467PYTotalExpensesAmt
CY Total Expenses$159,480CYTotalExpensesAmt
PY Revenues Less Expenses$47,766PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$25,666CYRevenuesLessExpensesAmt
Total Assets BOY$1,532,527TotalAssetsBOYAmt
Total Assets EOY$1,558,193TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,532,527NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,558,193NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE EDUCATIONAL FUNDS IN SUPPORT OF STUDENTS OF RESC FOR STUDENT SCHOLARSHIPS, PROGRAMS THAT ENHANCE TEACHER MORALE AND EFFECTIVENESS, CAPITAL PROGRAMS AIMED AT ENHANCEMENT OF CURRICULUM OR SPECIAL PROGRAMS IDENTIFIED AS VALUABLE TO THE EDUCAITON PROCESS BUT NOT AFFORDABLE WITHIN NORMAL OPERATING BUDGETS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$116,554ExpenseAmt
Grant$112,575GrantAmt
DescSCHOLARSHIPS AND GRANTS TOTALING $105,594 WERE AWARDED TO UNION CITY COMMUNITY HIGH SCHOOL STUDENTS AND TEACHERS. WE FEEL THAT TEACHERS REWARDED FOR THEIR EFFORTS ARE MORE LIKELY TO HELP STUDENTS IMPROVE AS WELL.Desc
Total Program Service Expenses$116,554TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCONNOR WYATTPersonNm
Phone7655467803PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1334 NORTH HIGH STREETAddressLine1Txt
CityUNION CITYCityNm
State AbbreviationINStateAbbreviationCd
ZIP47390ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BILL CORBIN
PRESIDENT30.00Yes (X)$12,200$0$0
ANGIE CROSS
DIRECTOR5.00Yes (X)$2,975$0$0
MARY BRUMBAUGH
ASST SECRETARY1.00Yes (X)$250$0$0
JENNIFER VINCENT
SECRETARY1.00Yes (X)$250$0$0
DAVID YOUNG
VICE PRESIDENT1.00Yes (X)$0$0$0
KELSEY CROSS
DIRECTOR5.00Yes (X)$3,000$0$0
CONNOR WYATT
TREASURER1.00Yes (X)$0$0$0
AARON BLACK
DIRECTOR1.00Yes (X)$0$0$0
KATHLEEN CORBIN
DIRECTOR1.00Yes (X)$0$0$0
BRAD HOGGATT
DIRECTOR1.00Yes (X)$0$0$0
WENDY SMITH
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$18,675TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$105,594AllOtherContributionsAmt
Total Contributions$105,594TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$79,552TotalRevenueColumnAmt
Exclusion$79,552ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$185,146TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$79,552ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$20,275TotalAmt
Program Services$20,275ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$92,300TotalAmt
Program Services$92,300ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$28,975TotalAmt
Management And General$28,975ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,895TotalAmt
Management And General$5,895ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$519TotalAmt
Management And General$519ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
DUES AND SUBSCRIPTIONS$7,388$7,388
BANQUET$3,979$3,979
MISCELLANEOUS$149$149

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$159,480TotalAmt
Program Services$116,554ProgramServicesAmt
Management And General$42,926ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$34,694BOYAmt
EOY$25,827EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,497,833BOYAmt
EOY$1,532,366EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,532,527BOYAmt
EOY$1,558,193EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$150,994BOYAmt
EOY$107,453EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,381,533BOYAmt
EOY$1,450,740EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,532,527BOYAmt
EOY$1,558,193EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,532,527BOYAmt
EOY$1,558,193EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$25,666ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$45,630CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,043,122CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$56,116CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$103,561CurrentTaxYearMinus1YearAmt
Current Tax Year$105,594CurrentTaxYearAmt
Total$1,354,023TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$45,630CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,043,122CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$56,116CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$103,561CurrentTaxYearMinus1YearAmt
Current Tax Year$105,594CurrentTaxYearAmt
Total$1,354,023TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$20,000CurrentTaxYearMinus1YearAmt
Current Tax Year$20,000CurrentTaxYearAmt
Total$40,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$20,000CurrentTaxYearMinus1YearAmt
Current Tax Year$20,000CurrentTaxYearAmt
Total$40,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,314,023PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,063CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,080CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27,886CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$72,672CurrentTaxYearMinus1YearAmt
Current Tax Year$79,552CurrentTaxYearAmt
Total$201,253TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,063CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,080CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27,886CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$72,672CurrentTaxYearMinus1YearAmt
Current Tax Year$79,552CurrentTaxYearAmt
Total$201,253TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$302CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$3,000CurrentTaxYearMinus1YearAmt
Total$5,802TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$57,193CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,055,504CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$84,002CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$179,233CurrentTaxYearMinus1YearAmt
Current Tax Year$185,146CurrentTaxYearAmt
Total$1,561,078TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.84170PublicSupportCY509Pct
Public Support PY5090.88850PublicSupportPY509Pct
Investment Income CY0.12890InvestmentIncomeCYPct
Investment Income PY0.09290InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,375,625BeginningYearBalanceAmt
Contributions$0ContributionsAmt
Investment Earnings Or Losses$68,045InvestmentEarningsOrLossesAmt
Grants Or Scholarships$39,800GrantsOrScholarshipsAmt
Administrative Expenses$14,008AdministrativeExpensesAmt
End Year Balance$1,389,862EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,365,770BeginningYearBalanceAmt
Contributions$750ContributionsAmt
Investment Earnings Or Losses$62,770InvestmentEarningsOrLossesAmt
Grants Or Scholarships$42,800GrantsOrScholarshipsAmt
Administrative Expenses$13,865AdministrativeExpensesAmt
End Year Balance$1,372,625EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,391,033BeginningYearBalanceAmt
Contributions$0ContributionsAmt
Investment Earnings Or Losses$25,433InvestmentEarningsOrLossesAmt
Grants Or Scholarships$36,900GrantsOrScholarshipsAmt
Administrative Expenses$13,796AdministrativeExpensesAmt
End Year Balance$1,365,770EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$486,567BeginningYearBalanceAmt
Contributions$961,366ContributionsAmt
Investment Earnings Or Losses$11,155InvestmentEarningsOrLossesAmt
Grants Or Scholarships$28,100GrantsOrScholarshipsAmt
Administrative Expenses$39,955AdministrativeExpensesAmt
End Year Balance$1,391,033EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$509,526BeginningYearBalanceAmt
Contributions$250ContributionsAmt
Investment Earnings Or Losses$8,006InvestmentEarningsOrLossesAmt
Grants Or Scholarships$26,300GrantsOrScholarshipsAmt
Administrative Expenses$4,915AdministrativeExpensesAmt
End Year Balance$486,567EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.80000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.20000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTHE CORPORATION'S PERMANENT ENDOWNMENTS AND TERM OR WASTING ENDOWNMENTS CONSISTS OF APPROXIMATELY 10 ENDOWNMENTS ESTABLISHED FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS TO STUDENTS OF RANDOLPH EASTERN SCHOOL CORPORATION, WHICH ARE INCLUDED IN NET ASSETS WITH DONOR RESTRICTIONS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1RANDOLPH EASTERN SCHOOL CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1731 N PLUM STAddressLine1Txt
CityUNION CITYCityNm
State AbbreviationINStateAbbreviationCd
ZIP47390ZIPCd
FieldValueIRS element (for citing)
Cash Grant$0CashGrantAmt
Non Cash Assistance$20,275NonCashAssistanceAmt
Non Cash AssistanceCASHNonCashAssistanceDesc
Purpose Of GrantTEACHER'S GRANTPurposeOfGrantTxt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient49RecipientCnt
Cash Grant$92,300CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TWO OF THE INDIVIDUALS SERVING ON THE BOARD OF DIRECTORS ARE MARRIED. THERE IS GREAT CARE TAKEN TO SEE THAT THIS FAMILY RELATIONSHIP DOES NOT INFLUENCE DECISIONS MADE BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BA REVIEW OF ALL ACTIVITY PRESENTED IN THE 990 IS MADE BY AL OFFICERS OF THE ENTITY TO ASSURE ACCURACY.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST CONCER ARISES IF A BOARD MEMBER'S PARTICIPATION WITHIN THE FOUNDATION APPEARS TO DIRECTLY BENEFIT THE BOARD MEMBER IN PERSONAL OR BUSINESS ACTIVITIES OUTSIDE THE SCOPE OF THE FOUNDATION. SUCH BENEFITS CAN BE FINANCIAL, ENHANCEMENT OF STATURE OR INFLUENCE OR ANY SUCH BENEFIT RAISED AS A MATTER OF CONCERN BY ANY OTHER BOARD MEMBER. -THE CORE CONCERN OF CONFLICT OF INTEREST IS THAT FOUNDATION DECISION-MAKING WOULD BE AFFECTED BY THE OPPORTUNITY TO SECURE OUTSIDE BENEFIT VS. FOCUSED SOLELY ON THE BEST INTEREST OF THE FOUNDATION. -A PROSPECTIVE BOARD MEMBER MUST DIVULGE POTENTIAL CONFLICT INTEREST ISSUES, ALLOWING BOARD CONSIDERATION AND APPROVAL BEFORE THE MEMBER'S TERM BEGINS. -AN EXISTING BOARD MEMBER SHOULD DIVULGE ANY NEW DEVELOPMENTS THAT RAISE POTENTIAL CONFLICT ISSUES. -IMMEDIATELY UPON LEARNING OF A POTENTIAL CONFLICT OF INTEREST, THE PRESIDENT SHALL PERSONALLY AND WITH ASSISTANCE OF THE EXECUTIVE COMMITTEE INVESTIGATE THE FACTS. UNANIMOUS AGREEMENT OF THE EXECUTIVE COMMITTEE IS SUFFICIENT TO REQUEST RESIGNATION OR IMMEDIATE CESSSATION OF THE CONFLICT-CAUSING ACTIVITY. -CONFLICT OF INTEREST IS DISCUSSED AS A BOARD TOPIC AT LEAST ANNUALLY AND BOARD MEMBERS ARE ASKED TO REVIEW AND DIVULGE ANY RELEVANT ISSUES.
FORM 990, PART VI, SECTION B, LINE 15NO OFFICER WILL BE REMUNERATED FOR THEIR TIME SPENT WORKING ON THE BOARD. THEY MAY RECEIVE A SMALL STIPEND FOR SERVICES RENDERED THE ORGANIZATION, BUT NOT THEIR POSITION AS AN OFFICER OF THE ORGANIZATION.
FORM 990, PART VI, SECTION C, LINE 19ALL DOCUMENTS INCLUDING GOVERNING DOCUMENTS, 990 TAX RETURNS AND SUPPORT FOR GRANTS AND SCHOLARSHIPS GIVEN ARE AVAILABLE TO THE PUBLIC AT THE OFFICE IN UNION CITY INDIANA.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.