2016-07-12T12:34:09-05:00 2015-12-31 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2015-01-01 351085585 Grace Brethren Investment Foundation Inc GRAC 5742675161 PO Box 587 Winona Lake IN 46590 Brenda Byers Director of Finance/Secretary 5742675161 2016-07-12 1 Daren Daiga P01074795 3178852620 2015 2016-09-27 15:27:22Z Ken Seyfert PO Box 587 Winona Lake IN 46590 4360281 0 X www.gbif.com X 1955 IN Further the Fellowship of Grace Brethren Churches' work and loan funds to the FGBC & affiliates 10 10 7 10 0 0 0 54651 3525835 3548267 582247 694385 2856 11051 4110938 4308354 695012 748259 0 0 619309 622444 0 0 0 2326338 2618529 3640659 3989232 470279 319122 105330919 110003022 96231142 100533599 9099777 9469423 X See Schedule O for complete mission statement. 0 0 3392911 748259 3548267 Grace Brethren Investment Foundation assists in the extension of Christian work by contributing and loaning funds to Grace Brethren churches, conventions, or associations of churches, Grace Brethren schools, and affiliated organizations. The organization accomplishes this purpose by enabling individuals who support the objectives of the Fellowship to invest in funds which earn interest compounded daily and thereby to provide a source of funding, in the form of capital loans, for acquiring, developing, and remodeling land and buildings for churches, schools, and other associated organizations. 3392911 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2508 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X Brenda Byers 5742675161 PO Box 587 Winona Lake IN 46590 James Augspurger Director 4.00 X 372 0 0 Kent Semple Director 4.00 X 731 0 0 David Coleman Director 4.00 X 0 0 0 Robert MacMillan Director 4.00 X 593 0 0 Richard Stair Director 4.00 X 717 0 0 Jerry Michael Director 4.00 X 739 0 0 Josh Balmer Director 4.00 X 0 0 0 George Merchant Director 4.00 X 1074 0 0 Howard Mayes Director 4.00 X 539 0 0 Ted Adomanis Director 4.00 X 1943 0 0 Ken Seyfert CEO/President 40.00 X 117210 0 30284 Brenda Byers Secretary/Treasurer 40.00 X 81967 0 25278 Ryan Bowell Vice President 40.00 X 74510 0 26509 280395 0 82071 1 0 0 0 0 54651 54651 INT/CHURCH LOANS 900099 3548267 3548267 3548267 694385 694385 62978 51927 11051 11051 11051 4308354 3548267 0 705436 742759 742759 5500 5500 362466 109283 253183 163367 112174 51193 12114 8013 4101 50754 29863 20891 33743 14847 18896 39620 14920 24700 34978 34978 8472 8472 17635 10331 7304 55223 44178 11045 110330 101133 9197 41786 34822 6964 23755 19004 4751 74285 10497 63788 1988920 1988920 36272 36272 46165 46165 Loan Reserve 130000 128390 1610 Securities Registration 9805 9805 Continuing Education 436 436 847 847 3989232 3392911 596321 0 1317722 310665 41407334 47406138 102887 114225 1371456 671585 723519 699871 300000 2300000 61177999 58908706 301458 263417 105330919 110003022 717058 773646 95514084 99759953 96231142 100533599 X 9099777 9469423 9099777 9469423 105330919 110003022 319122 50524 0 X X 0 1 X 1 0 X Schedule A, Part I During the tax year, the organization filed Form 8940 with the IRS to update its public charity status and is now recognized as an integrated auxiliary of Fellowship of Grace Brethren Churches under section 501(a) of the Internal Revenue Code. Because of this, the organization is no longer required to file Form 990 after this reporting year. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 116875 116875 941994 384593 557401 126983 122384 4599 185604 164608 20996 699871 LOANS TO GRACE BRETHREN AFFILIATES 58908706 C 58908706 INVESTOR DEPOSITS DUE ON DEMAND 99759953 99759953 X 4410805 50524 51927 102451 4308354 0 4308354 4041159 51927 51927 3989232 0 3989232 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 statements of activities. As of December 31, 2015, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The Foundation files information tax returns in the U.S. The Foundation is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2009. Part XI, Line 2d - Other Adjustments: Rental expenses included on Part VIII Line 6b 51,927. Part XII, Line 2d - Other Adjustments: Rental expenses included on Part VIII Line 6b 51,927. 1 GO2 CHURCH PLANTING MINISTRIES INC 320 N THIRD ST TELFORD PA 18969 261325545 501(c)(3) 70000 CHURCH PLANTING ASSOCIATION OF GRACE BRETHREN MINISTERS PO BOX 694 WINONA LAKE IN 46590 953307208 501(c)(3) 29000 CHURCH PLANTING VISION OHIO 6730 RINGS ROAD DUBLIN OH 43016 311148543 501(c)(3) 60000 CHURCH PLANTING AUBURN GRACE COMMUNITY CHURCH PO 6446 AUBURN CA 95603 942842590 501(c)(3) 20000 CHURCH PLANTING GBCANADA PO BOX 836 CHARLOTTE HALL MD 20622 522094318 501(c)(3) 70000 CHURCH PLANTING THE GRACE TRUST PO BOX 620067 ATLANTA GA 30362 350992713 501(c)(3) 80000 ORGANIZATIONAL SUPPORT GRACE SCHOOLS INC 200 SEMINARY DRIVE WINONA LAKE IN 46590 350868095 501(c)(3) 35000 SCHOLARSHIPS CE NATIONAL PO BOX 365 WINONA LAKE IN 46590 351126967 501(c)(3) 25000 ORGANIZATIONAL SUPPORT GRACE VILLAGE 337 GRACE VILLAGE DR WINONA LAKE IN 46590 351282401 501(c)(3) 15000 DEFENDANT FUND FELLOWSHIP OF GRACE BRETHREN CHURCHES PO BOX 384 WINONA LAKE IN 46590 351944640 501(c)(3) 75461 ORGANIZATIONAL SUPPORT BRETHREN MISSIONARY HERALD PO BOX 544 WINONA LAKE IN 46590 350877556 501(c)(3) 20000 ORGANIZATIONAL SUPPORT WOMEN OF GRACE PO BOX 711 WINONA LAKE IN 46590 351597909 501(c)(3) 17000 ORGANIZATIONAL SUPPORT METRO-GRACE PHILADELPHIA 4706 COMLY ST PHILADELPHIA PA 19135 300224059 501(c)(3) 25000 ORGANIZATIONAL SUPPORT CARIBBEAN VISION MINISTRIES - TRINIDADIAN AND HAITIAN PO BOX 18317 PANAMA CITY BEACH FL 32417 270848858 501(c)(3) 35000 ORGANIZATIONAL SUPPORT COMMUNITY GRACE BRETHREN CHURCH INC 909 S BUFFALO ST WARSAW IN 46580 351043361 501(c)(3) 10000 ORGANIZATIONAL SUPPORT GRACE FELLOWSHIP 1449 REFUGEE RD PICKERINGTON OH 43147 311415248 501(c)(3) 10000 ORGANIZATIONAL SUPPORT GBC OF NORTON 211 N CLEVELAND-MASSILLON RD AKRON OH 44333 237153982 501(c)(3) 110000 ORGANIZATIONAL SUPPORT 17 0 Scholarships 2 5500 Part I, Line 2: Contributions are provided to organizations affiliated with the fellowship of Grace Brethren Churches (FGBC), with an emphasis given to church-planting endeavors. Contributions are based on year-end net income and are approved by the board of directors. Contributions may or may not be specifically designated. Organizations receiving contributions from the GBIF are required to respond with their intentions for use of the funds. Scholarships awarded are paid directly to the institution. Form 990, Page 2, Part III, Line 1 (A) To asssist in the extension of Christian work by and through the agencies of the Fellowship of Grace Brethren Churches and the agencies of this corporation, and to contribute and loan funds to Grace Brethren Churches, conventions or associations of churches, Grace Brethren schools, and affiliated organizations. (B) To provide funds for Biblical teaching, to assist evangelical work, to assist churches of Grace Brethren Faith and Grace Brethren Missionary Societies, and to assist and encourage men and women in the dedication of their lives to definite Christian services. (C) To receive, hold, borrow, invest, loan, and disburse funds; to own, mortgage, lease, rent, and sell real and personal property of all kinds in order to attain the aforesaid purposes. (D) To promote Christian religion through the Fellowship of Grace Brethren Churches and to promote the charitable missionary institutions of the Fellowship of Grace Brethren Churches. (E) In furtherance of the aforesaid purposes, to transact any and all lawful business for which corporations may be incorporated under the act, provided such business is not inconsistent with the corporation being organized and operated exclusively for charitable purposes. (F) Notwithstanding the foregoing, the corporation is organized, and at all times thereafter will be operated, exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the Fellowship of Grace Brethren Churches and its associated and affiliated churches, schools, and organizations. Form 990, Part VI, Section A, line 4 The bylaws were amended to update the number, process for election, and process for removal of board members. Form 990, Part VI, Section A, line 6 The organization has one class of members. Membership in the Corporation consist of those persons who contribute $25.00 or more during the fiscal year to support the ministries of the Corporation, or ministries administered by the Corporation, and who are affiliated with a local church associated with the Fellowship of Grace Brethren Church. The individual members of the corporation elect 4 of the 10 members of the Board of Directors and vote on changes to the corporate articles. Form 990, Part VI, Section A, line 7a The Board consist of 10 members elected by the following parties: - (3) by an officer of Fellowship Council of the Fellowship of Grace Brethren Churches - (3) by an officer of Brethren Missionary Herald Company (media company of the Fellowship of Grace Brethren Churches) - (4) by the members of the Corporation. Form 990, Part VI, Section A, line 7b The individual members vote on changes to the corporate articles. Form 990, Part VI, Section B, line 11 The Form 990 is prepared and reviewed by an independent certified public accounting firm. The Secretary/Treasurer and selected members of the governing board also review the Form 990. The final return, as filed with the IRS is then sent electronically to the full board prior to filing. Form 990, Part VI, Section B, line 12c A conflict of interest questionnaire is completed annually. Both officer and board members sign the policy. Potential conflicts are reviewed by the board of directors. Names of directors who may have conflict are noted in the board minutes; said directors abstain from voting. Form 990, Part VI, Section B, line 15 Executive care committee members, appointed by the Board of Directors and all of whom are independent, use comparable data from other not-for-profit organizations to review, evaluate, and compare compensation data for the CEO. The executive care committee then recommends the CEO's compensation package to the Board for approval. The Board of Directors also appoints the Finance Committee to review compensation and benefits paid to other employees and make appropriate recommendations. The governing board then deliberates and approves final compensation and benefit packages. The deliberations are recorded in the minutes. This process was last completed during the tax year. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available upon request. The annual report is distributed in various mailings throughout the year and also during the annual corporation meeting. Form 990, Page 12, Part XI, Line 2C: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditing firm. This process has not changed since the prior year. Fellowship of Grace Brethren Churches Inc PO Box 384 Winona Lake IN 46590 351944640 Religion; Spiritual Development IN 501(c)(3) 1 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 Fellowship of Grace Brethren Church B Fellowship of Grace Brethren Church L Fellowship of Grace Brethren Church O Fellowship of Grace Brethren Church Q