2016-05-03T08:01:19-05:00 2015-12-31 640760834 NAIL MCKINNEY PROFESSIONAL ASSOCIATION PO BOX 150 805 HWY 348 NEW ALBANY MS 38652 990 2015-01-01 237248582 CREATE FOUNDATION CREA 6628448989 PO BOX 1053 TUPELO MS 38802 MICHAEL K CLAYBORNE PRESIDENT 6628448989 2016-04-04 true JAMES PEGUES CPA P00101024 6625347681 2016-04-28 2015 2016-09-27 15:27:22Z MICHAEL K CLAYBORNE 14661446 false X CREATEFOUNDATION.COM X 1972 MS NONPROFIT, CHARITABLE ORGANIZATION WHICH SERVES AS A COMMUNITY FOUNDATION TO STIMULATE GIVING FOR HUMAN DEV- OLPMENT PROJECTS IN EDUCATION, HEALTH AND HUMAN SERVICES, CULTURAL ENRICHMENT, AND LEADERSHIP DEVELOPMENT. 27 26 8 0 15093982 12504728 22919 32208 1815413 2029078 -16515 -87595 16915799 14478419 6774338 6461969 0 736074 698078 0 244480 825904 860637 8336316 8020684 8579483 6457735 85772819 89719808 0 85772819 89719808 X NONPROFIT, CHARITABLE ORGANIZATION WHICH SERVES AS A COMMUNITY FOUNDATION TO STIMULATE GIVING FOR HUMAN DEV- OLPMENT PROJECTS IN EDUCATION, HEALTH AND HUMAN SERVICES, CULTURAL ENRICHMENT, AND LEADERSHIP DEVELOPMENT. false false 7255693 6461969 32208 CONTRIBUTIONS WERE MADE TO VARIOUS CHARITABLE ORGANIZATIONS INCLUDING PUBLIC SCHOOLS AND UNIVERSITIES TO IMPROVE EDUCATION AND COMMUNITY LIFE AND TO PROMOTE CHARITABLE GIVING. THE ORGANIZATION ALSO OPERATES AS A FISCAL AGENT FOR A NUMBER OF CHARITABLE PROJECTS AS WELL AS BUILDING PERMANENT COMMUNITY ENDOWMENTS, ENCOURAGING PHILANTHROPY AND MANAGING CHARITABLE FUNDS CONTRIBUTED BY INDIVIDUALS, FAMILIES, ORGANIZATIONS, AND CORPORATIONS, SERVES TO STRENTHEN REGIONAL COMMUNITY DEVELOPMENT CAPACITY, AND PROVIDES LEADERSHIP ON KEY COMMUNITY ISSUES. 7255693 true true false false false true false false false true true true false false false false false false false false false false false false false false false true true true false false false false false false false false true false false false true true false false false true 83 0 8 true false false false false false false false false false false false false false X 27 26 false false false false false false false true true false false true true true true true true true true false X X X CREATE FOUNDATION 6628448989 PO BOX 1053 213 WEST MAIN ST TUPELO MS 38802 CLAY FOSTER DIRECTOR 1.00 40.00 X 0 215310 0 BO COLLINS DIRECTOR 1.00 X 0 0 0 GREG PIRKLE CHAIRMAN 1.00 X 0 0 0 ORMELLA CUMMINGS SECRETARY 1.00 X 0 0 0 MRS ROBIN MCCORMICK VICE CHAIRMA 1.00 X 0 0 0 MR HASSELL H FRANKLIN DIRECTOR 1.00 X 0 0 0 CATHY ROBERTSON TREASURER 1.00 X 0 0 0 JOHN CREEKMORE DIRECTOR 1.00 X 0 0 0 DR GLORIA KELLUM DIRECTOR 1.00 X 0 0 0 MR BOBBY P MARTIN DIRECTOR 1.00 X 0 0 0 BECKY ROLLINS DIRECTOR 1.00 X 0 0 0 BUDDY R MONTGOMERY DIRECTOR 1.00 X 0 0 0 MR AUBREY PATTERSON DIRECTOR 1.00 X 0 0 0 DAVID SHAW DIRECTOR 1.00 X 0 0 0 RONNY ROWLAND DIRECTOR 1.00 X 0 0 0 MR DAVID P RUMBARGER DIRECTOR 1.00 X 0 0 0 MR TOMMY TOMLINSON DIRECTOR 1.00 X 0 0 0 MR EDDIE PRATHER DIRECTOR 1.00 X 0 0 0 OCTAVIOUS IVY DIRECTOR 1.00 X 0 0 0 BOBBY HARPER DIRECTOR 1.00 X 0 0 0 GRACE CLARK DIRECTOR 1.00 X 0 0 0 LARRY KIRK DIRECTOR 1.00 X 0 0 0 RANDY LONG DIRECTOR 1.00 X X 0 0 0 SEAN SUGGS DIRECTOR 1.00 X X 0 0 0 MITCH WAYCASTER DIRECTOR 1.00 X 0 0 0 BRYAN WILSON DIRECTOR 1.00 X 0 0 0 HL SANDY WILLIAMS JR DIRECTOR 1.00 X 0 0 0 MICHAEL K CLAYBORNE PRESIDENT 40.00 X 195591 0 18222 LEWIS WHITFIELD SENIOR V.P. 40.00 X 126757 0 12150 C JUANITA FLOYD V.P. OF FINA 40.00 X 81605 0 7616 BEVERLY WILLIAMS DIRECTOR OF 40.00 X 35497 0 3377 KATIE STUART DIRECTOR OF 40.00 X 20601 0 0 460051 215310 41365 2 false true false MR CHUCK E GARRETT 1303 SOUTH CENTRAL NEW ALBANY MS 38652 WELLSPRING CONS 135000 1 2025360 28423 10450945 677880 12504728 ADMINISTRATIVE FEES 32208 32208 32208 2029078 2029078 95432 183027 -87595 -87595 -87595 14478419 1973691 6197689 6197689 264280 264280 460053 216458 178376 65219 96028 37871 36877 21280 45764 28718 12160 4886 57969 34979 16400 6590 38264 24096 10107 4061 12500 12500 125950 125950 50211 32487 12643 5081 24326 24326 43458 1738 41129 591 23688 13848 7019 2821 25170 17960 7210 14566 14566 117707 7295 8342 102070 CONTRACTUAL SERVICES 363474 362118 967 389 DIRECT FUNDRAISING COSTS 26895 26895 DUES AND SUBSCRIPTIONS 16642 7611 6442 2589 TELEPHONE 7785 3561 3013 1211 8265 4984 2484 797 8020684 7255693 520511 244480 2 -2 2630426 2494115 2490290 627473 1919923 1862817 56574382 60643712 24309502 24382483 338584 336683 85772819 89719808 0 0 X 23799599 23668089 7087242 7654360 54885978 58397359 85772819 89719808 85772819 89719808 6457735 -2345227 -165519 X false true X true false X 5068885 4094245 5194086 8093982 7504728 29955926 5068885 4094245 5194086 8093982 7504728 29955926 1615021 28340905 1396870 1615154 1405862 1709274 1853500 7980660 13600 19377 20022 22919 32208 108126 38044712 0.74490 0.76250 X SUPPORTING SCHEDULE BABY STEPS PROGRAM PRIVATE GRANT 327,709 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 BABY STEPS PROGRAM PRIVATE GRANT 304,055 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 BABY STEPS PROGRAM PRIVATE GRANT 78,530 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 GRANT TO COTESWORTH SPECIAL PROJECT FUND FOR ACQUISITION 2,000,000 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 TOYOTA GRANT FOR 5,000,000 OVER A 10 YEAR PERIOD 5,000,000 PART II, LINE 10 OTHER INCOME 108,126 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250 20 1302081 134961 1028599 65405 1565728 2432314 true true 54920827 6805933 -728257 1153043 1413610 58431850 47334152 7289956 2551175 1043875 1043875 54920827 36708085 6146988 6431736 889674 1062983 47334152 28951489 5614170 4163806 1039352 982028 36708085 25607821 5680887 -566480 715261 1055478 28951489 0.00060 0.99940 false false 365525 365525 1924990 449624 1475366 199775 177849 21926 1862817 24382483 F 24382483 12316219 -2345227 183027 -2162200 14478419 14478419 8203708 183027 183027 8020681 3 3 8020684 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ORGANIZATION'S ENDOWMENT FUNDS ARE DIVIDED AMONG FIELD OF INTEREST CATEGORIES. ORGANIZATIONAL/AGENCY ENDOWMENT ARE GENERALLY FOR THE BENEFIT OF SPECIFIC PROGRAMS OR OTHER NONPROFIT ORGANIZATIONS AS SPECIFIED IN THE UNDERLYING ENDOWMENT FUND AGREEMENT. SCHOLARSHIP ENDOWMENTS ARE ESTABLISHED FOR PERPETUAL SCHOLARSHIP PROGRAMS AS SPECIFIED IN THE UNDERLYING ENDOWMENT AGREEMENT. EDUCATION ENDOWMENT FUNDS ARE MORE BROAD- BASED ENDOWMENTS TO SUPPORT LOCAL EDUCATION INITITIATIVES IN THE 17 COUNTY AREA SERVED BY THE ORGANIZATION. FIELD OF INTEREST ENDOWMENT FUNDS ARE SET ASIDE TO PROVIDE PERPETUAL FUNDING FOR SPECIFIC FIELDS OF INTEREST OF THE APPLICABLE DONOR CONSISTENT WITH THE UNDERLYING ENDOWMENT AGREEMENT. COMMUNITY ENDOWMENT FUNDS ARE ESTABLISHED TO SUPPORT PROGRAM INITITIATIVES AND GRANT AWARDS IN EACH OF THE COMMUNITIES THAT HAVE ESTABLISHED SUCH AN ENDOWMENT IN THE ORGANIZATION'S 17 COUNTY REGION. DESIGNATED ENDOWMENT FUNDS ARE GENERALLY DESIGNATED BY THE DONOR IN SUPPORT OF A SPECIFIC DESIGNEE. ENDOWMENT FUND NET ASSETS ARE GENERALLY CATEGORIZED AS PERMANENTLY RESTRICTED EVEN THOUGH THE INVESTMENT COMMITTEE OF THE BOARD OF DIRECTORS ESTABLISHES A SPENDING POLICY WITH RESPECT TO ENDOWMENT FUND ASSETS. THE SPENDING POLICY CAN RESULT IN THE EXPENDITURE OF ENDOWMENT PRINCIPAL SHOULD INVESTMENT EARNINGS BE INSUFFICIENT IN ANY PARTICULAR YEAR. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES NOT NETTED AGAINST RENTAL INCOME IN 0 FINANCIAL STATEMENTS 183,027 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES NOT NETTED AGAINST RENTAL INCOME IN 0 FINANCIAL STATEMENTS 183,027 SCHEDULE D, PAGE 4, PART XII, LINE 4B ROUNDING 2 BOOK / TAX DEPRECIATION DIFFERENCE 1 true DONOR DIRECTED TO VARIOUS CHARITIES 1028599 DESIGNATED TO VARIOUS CHARITIES 188595 DISBURSEMENTS FOR SPECIAL PROJECTS 2573922 ENDOWMENT FUND DISTRIBUTIONS 472342 PROGRAM SERVICE DISBURSEMENTS 1873231 CREATE UNRESTRICTED GRANTS 61000 SCHOLARSHIPS 218 264280 X X X false false false false false false false false false CLAY FOSTER DIRECTOR 215310 215310 MICHAEL K CLAYBORNE PRESIDENT 195591 18222 213813 X 26 439380 AVG. PRICE @ DATE OF GIFT X 1 238500 ESTIMATED CAPITAL BALANCE false true false FORM 990 - ORGANIZATION'S MISSION NONPROFIT, CHARITABLE ORGANIZATION WHICH SERVES AS A COMMUNITY FOUNDATION TO STIMULATE GIVING FOR HUMAN DEV- OLPMENT PROJECTS IN EDUCATION, HEALTH AND HUMAN SERVICES, CULTURAL ENRICHMENT, AND LEADERSHIP DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 11B THE INFORMATION RETURN WAS PROVIDED TO THE ORGANIZATION'S PRESIDENT FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C WRITTEN CONFLICT OF INTEREST STATEMENTS ARE SUBMITTED TO THE EXECUTIVE DIRECTOR FORM 990, PAGE 6, PART VI, LINE 15A SALARY SURVEY DONE BY COUNCIL ON FOUNDATIONS AND OTHER DOCUMENTATION ARE SUBMITTED TO THE ORGANIZATION'S EXECUTIVE COMMITTEE PRIOR TO APPROVAL OF COMPENSATION ADJUSTMENTS FOR THE PRESIDENT FORM 990, PAGE 6, PART VI, LINE 15B THE SAME SYSTEM UTILIZED FOR THE PRESIDENT'S COMPENSATION IS UTILIZED IN DEVELOPING COMPENSATION AMOUNTS FOR EXECUTIVE AND NON-EXECUTIVE STAFF. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN EQUITY OF JOURNAL, INC. -165,519 TOTAL -165,519 OAKS ASSOCIATES LLC OAKS ASSOCIATES LLC PO BOX 1053 TUPELO MS 38802 RENTAL MS -60651 926250 N/A FULTON COMMUNITY VOLUNTEERS LLC FULTON COMMUNITY VOLUNTEER LLC PO BOX 1053 TUPELO MS 38802 640789905 RENTAL MS -1450 56550 N/A THE MIZE FOUNDATION THE MIZE FOUNDATION PO BOX 1668 TUPELO MS 38802 200564747 SUPPORTING MS 501C3 11C BOARD BOARD OF DIRECTORS false THE PIERCE FOUNDATION THE BENJAMIN AND CORINNE PIERCE FOU PO BOX 1053 TUPELO MS 38802 311742414 SUPPORTING MS 501C3 11C BOARD BOARD OF DIRECTORS false RJ WILEMON LLC RJ WILEMON LLC PO BOX 1220 TUPELO MS 38802 466274038 RENTAL MS WILEMON FO WILEMON FOUNDATION INC EXCLUDED 238500 1247626 true true 0.20000 JOURNAL INC AND SUBSIDIARIES JOURNAL INC AND SUBSIDIARIES PO BOX 909 PO BOX 909 TUPELO MS 38802 640183970 NEWSPAPER MS N/A false false false false false false true false false false false false false false false false false false false false JOURNAL INC AND SUBSIDIARIES JOURNAL INC AND SUBSIDIARIES F 365000 CASH DIVIDENDS RECEIVED