2016-08-11T16:04:46-05:00 2015-12-31 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2015-01-01 562035757 COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC COMM 3363799100 330 SOUTH GREENE STREET No 100 GREENSBORO NC 274012659 H Walker Sanders Vice President 3363799100 2016-08-10 1 Kellianne F Benson P01345659 7043771678 2015 2016-12-15 16:53:06Z H WALKER SANDERS 330 SOUTH GREENE STREET No 100 GREENSBORO NC 274012659 3171329 0 X N/A X 1997 NC supports the Community Foundation of Grtr Greensboro in strengthening local communities 9 7 0 10 0 0 7214556 2775826 0 0 37857 76284 59335 63667 7311748 2915777 58791 66162 0 0 0 0 0 0 0 100837 206936 159628 273098 7152120 2642679 12789198 15530986 339573 438682 12449625 15092304 X THE FUND SERVES AS A SUPPORTING ORGANIZATION OF COMMUNITY FOUNDATION OF GREATER GREENSBORO TO ADMINISTER CHARITABLE FUNDS RELATING TO REAL PROPERTY. 0 0 124506 66162 The Community Foundation Real Estate Management Fund administers charitable gifts and funds that involve holding or managing real estate, on behalf of The Community Foundation of Greater Greensboro. 128383 The Community Foundation Real Estate Management Fund, on behalf of The Community Foundation of Greater Greensboro, is planning, designing and constructing a new public park in downtown Greensboro. A tentative opening of the park - which is seen as the centerpiece of a new "cultural campus" downtown - has been set for August 2016.The Park is made possible through a generous donor's bequest to be used "for the creation of a public park for the benefit and enjoyment of the general population of Greensboro, particularly children and their families." The Carolyn and Maurice LeBauer City Park will provide exceptional recreational equipment and activities, educational opportunities and public art, all within an extremely attractive, well-landscaped setting. The bequest directs The Community Foundation to carry out and ensure the intent of LeBauer's wishes, and upon completion to transfer the park to the city of Greensboro. In accordance with generally accepted accounting principles, the majority of costs related to the design, development and construction of the park are capitalized and reflected on the Balance Sheet. 252889 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 1 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X JACQUELINE O'CONNELL 3363799100 330 SOUTH GREENE STREET suite 100 GREENSBORO NC 27401 LOUISE BRADY Director 0.25 0.00 X 0 0 0 Lowell Easter Director 0.50 0.50 X 0 0 0 Albert S Lineberry Jr Director 0.25 0.00 X 0 0 0 Ann Lineweaver Director 0.25 0.00 X 0 0 0 Kathy Manning Director 0.25 2.00 X 0 0 0 Charles L Weill Jr Director 0.25 0.00 X 0 0 0 Chester H Brown Jr President 0.25 0.00 X X 0 0 0 H Walker Sanders Vice President 10.00 40.25 X X 0 210736 22034 Jackie O'Connell Treasurer 10.00 40.25 X X 0 128470 16885 0 339206 38919 0 0 1 0 FRANK L BLUM CONSTRUCTION COMPANY PO BOX 4153 WINSTONSALEM NC 27115 GENERAL CONTRACTOR LEBAUER PARK 2554366 THE OFFICE OF JAMES BURNETT 711 LOUISIANA SUITE 111 HOUSTON TX 77002 DESIGN/LANDSCAPE ARCHITECT LEBAUER PARK 532755 2 2760726 15100 2775826 73097 73097 258739 255552 3187 3187 3187 Other income 900099 63667 63667 63667 2915777 0 0 139951 66162 66162 124403 124403 18884 18884 1325 1325 49796 49796 3772 3772 Other Program Expenses 8756 8756 273098 252889 20209 0 6965423 6885137 23191 26276 8243268 224080 5207715 8019188 -231 592757 592552 343 7833 12789198 15530986 118973 438682 220600 0 339573 438682 X 12449625 15092304 12449625 15092304 12789198 15530986 2642679 0 X 0 1 X 1 0 X X 1 COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 561380249 7 1 66162 0 1 66162 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3511502 3511502 735957 224080 511877 3995809 3995809 8019188 X Part X, Line 2: It is the ORGANIZATION's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the tax position is uncertain and the impact, if any, the effect of the uncertain tax position may have on the combined financial statements. No material uncertain tax positions were identified during 2015 and 2014. 1 COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 561380249 501(C)(3) 66162 GENERAL SUPPORT 1 0 Part I, Line 2: GRANTS WERE MADE TO COMMUNITY FOUNDATION OF GREATER GREENSBORO, OF WHICH THE FILING ORGANIZATION IS A TYPE I SUPPORTING ORGANIZATION. 0 0 0 0 0 0 0 0 0 H Walker Sanders Vice President 0 203845 0 2000 0 4891 0 14350 0 7684 0 232770 0 0 Form 990, Part VI, Section A, line 2 CHESTER H. BROWN, JR., president, LOWELL EASTER, DIRECTOR, AND ALBERT S. LINEBERRY, JR., director, have a BUSINESS RELATIONSHIP IN AN INVESTMENT CLUB, WHICH IS UNRELATED TO THE organization. Form 990, Part VI, Section A, line 6 The COMMUNITY FOUNDATION OF GREATER GREENSBORO, INC. IS THE SOLE MEMBER OF THE ORGANIZATION. Form 990, Part VI, Section A, line 7a THE COMMUNITY FOUNDATION OF GREATER GREENSBORO BOARD OF DIRECTORS APPOINTS ALL MEMBERS OF THE COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND BOARD OF DIRECTORS. Form 990, Part VI, Section A, line 8b THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, line 11 THE FINANCE COMMITTEE OF COMMUNITY FOUNDATION OF GREATER GREENSBORO, COMPRISED OF ACCOUNTING AND FINANCIAL PROFESSIONALS, WILL REVIEW A DRAFT 990 AND WILL REPORT ANY CONCERNS TO COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND'S BOARD. ALL BOARD MEMBERS WILL BE PROVIDED WITH A DRAFT BEFORE FILING. Form 990, Part VI, Section B, line 12c ANNUALLY, BOARD MEMBERS ACKNOWLEDGE, IN WRITING, THEIR ADHERENCE TO THE CONFLICT OF INTEReST POLICY. EACH INDIVIDUAL LISTS SIGNIFICANT CIVIC, FINANCIAL, AND BUSINESS RELATIONSHIPS FOR THEMSELVES AND SPOUSE. THE LIST IS SUMMARIZED, REVIEWED, AND DISCUSSED AS NECESSARY. Any duality or possible conflict of interest on the part of any member of the Board of Directors or the staff shall be disclosed to the other members of the Board and made a matter of record as soon as the issues in question are raised and a possible conflict is known. That person shall not vote on such matter and shall not attempt to exert personal influence in connection therewith. Form 990, Part VI, Section B, line 15 THE Organization HAS NO FULL-TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE organization ARE EMPLOYEES of the Community Foundation of Greater Greensboro ("CFGG") AND ARE SUBJECT TO COMPENSATION, CLASSIFICATION AND ALL OTHER PERSONNEL POLICIES OF CFGG. CFGG PERIODICALLY REVIEWS ITS CLASSIFICATION AND COMPENSATION STRUCTURE to ensure reasonableness. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE COMMUNITY FOUNDATION OF GREATER GREENSBORO'S WEBSITE. CFREMF Real Estate HoldingS LLC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 562035757 REAL ESTATE NC 0 1433026 COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC 407 E Washington STREET LLC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 273004585 REAL ESTATE NC 470 2682815 COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC LeBauer Park LLC 330 SOUTH GREENE STREET SUITE 100 gREENSBORO NC 274012659 562035757 Development of downtown park NC 86174 10642034 cOMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC Streetscape LLC 330 SOUTH GREENE STREET SUITE 100 gREENSBORO NC 274012659 562035757 Street Improvements Adjacent to Park NC 0 90083 Lebauer Park LLC COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 561380249 COMMUNITY BETTERMENT NC 501(c)(3) Line 7 N/A 0 Stanley & Dorothy Frank Family Foundation 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 566513308 Grants NC 501(c)(3) Line 11a, I COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 COMMUNITY FOUNDATION OF GREATER GREENSBORO INC B 66162 FMV COMMUNITY FOUNDATION OF GREATER GREENSBORO INC C 2760726 FMV COMMUNITY FOUNDATION OF GREATER GREENSBORO INC M 124403 fmv