2016-06-03T13:50:44-05:00 2015-12-31 470899021 BOND & COMPANY PLC 113 WEST MICHIGAN AVENUE SUITE 301 JACKSON MI 49201 990 2015-01-01 237019029 ALBION COMMUNITY FOUNDATION ALBI 5176293349 203 S SUPERIOR ALBION MI 49224 ELIZABETH SCHULTHEISS EXECUTIVE DIRECTOR 5176293349 2016-05-02 true PATRICK T WALZ P00268149 5177898900 2016-05-03 2015 2016-12-15 16:53:06Z ELIZABETH SCHULTHEISS 1820227 false X WWW.ALBIONFOUNDATION.ORG X COMM FND 1968 MI STRENGTHEN THE GREATER ALBION AREA BY CULTIVATING COMMUNITY ASSETS TO ENHANCE THE QUALITY OF LIFE. 11 11 3 30 0 640825 354665 0 239645 69301 5757 2264 886227 426230 230949 217727 0 78135 88005 0 15568 1167670 215850 1476754 521582 -590527 -95352 5012428 4691522 454144 408908 4558284 4282614 STRENGTHEN THE GREATER ALBION AREA BY CULTIVATING COMMUNITY ASSETS TO ENHANCE THE QUALITY OF LIFE. false false 371339 217727 MANY COMMUNITY PROJECTS AND CULTURAL EVENTS WERE PROMOTED AND FUNDED DURING THE YEAR THAT BENEFITED THE LOCAL COUMMUNITY OF ALBION, MICHIGAN. THE COMMUNITY FOUNDATION AWARDED MORE THAN 30 GRANTS TOTALING MORE THAN 217,000. 371339 true true false false false true false false true true true false false false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 5 0 3 true false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false MI X X ELIZABETH SCHULTHEISS 5176293349 203 S SUPERIOR ALBION MI 49224 JOYCE SPICER TRUSTEE 1.00 X 0 0 0 MARILYN HENNON TRUSTEE 1.00 X 0 0 0 JEFF BELL TRUSTEE 1.00 X 0 0 0 BERNIE KONKLE JR PRESIDENT 2.00 X X 0 0 0 TOM PITT TREASURER 2.00 X X 0 0 0 MANDY DUBIEL SECRETARY 2.00 X X 0 0 0 NIDIA WOLF TRUSTEE 1.00 X 0 0 0 KAREN YANKIE TRUSTEE 1.00 X 0 0 0 JOHN C SHEDD TRUSTEE 1.00 X 0 0 0 NANCY ROUSH TRUSTEE 1.00 X 0 0 0 ROBERT DUNKLIN TRUSTEE 1.00 X 0 0 0 ELIZABETH SCHULTHEISS EXECUTIVE DI 40.00 X 62208 0 0 62208 false false false 354665 21716 354665 138812 138812 1324486 1390563 3434 -66077 -3434 -69511 -3434 -66077 MISCELLANEOUS 900099 2264 2264 2264 426230 -1170 72735 217727 217727 62208 9541 39500 13167 16792 16792 3750 938 2812 5255 1007 3241 1007 12436 12436 27012 27012 710 710 1612 1612 8093 1624 5657 812 7547 1887 5660 4665 4665 478 478 8315 8315 4585 4585 SPECIAL PROJECTS 136525 136525 SPECIAL EVENTS 2037 1455 582 MEMBERSHIPS 1835 1835 521582 371339 134675 15568 227183 41613 100549 25000 7422 217945 138815 74482 79130 4685763 4462808 5012428 4691522 2832 4403 20000 6000 428094 395485 3218 3020 454144 408908 X 4278284 4002614 280000 280000 4558284 4282614 5012428 4691522 -95352 -180318 X false true X true false X 428468 698843 566687 268575 254665 2217238 428468 698843 566687 268575 254665 2217238 292522 1924716 96228 95104 116011 210519 138812 656674 2873912 2264 0.66970 0.67500 X SUPPORTING SCHEDULE 100,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 25 17645 395485 true true false true X 4397229 113716 -118349 276419 30178 4085999 4208483 354704 182722 321812 26868 4397229 4037370 452844 151711 418496 14946 4208483 3865710 102716 368408 284149 15615 4037370 4116922 116357 -132572 234997 3865710 0.93460 0.06540 false false 5000 5000 193125 119703 73422 19820 19112 708 79130 GIFT ANNUITY PAYABLE 3020 3020 245912 -180318 -180318 426230 426230 521582 521582 521582 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION HAS ENTERED INTO AGREEMENTS WITH OTHER ORGANIZATIONS TO RECEIVE, INVEST AND MANAGE CERTAIN OF THEIR FUNDS. IN ACCORDANCE WITH STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 136, TRANSFERS OF ASSETS TO A NOT-FOR-PROFIT FOUNDATION OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS, THE FOUNDATION REPORTS A LIABILITY FOR THESE RESOURCES SINCE THE OTHER ORGANIZATIONS HAVE EITHER NAMED THEMSELVES AS BENEFICIARIES OR RETAINED THE UNILATERAL RIGHTS TO WITHDRAW OR OTHERWISE REDIRECT THE USE OF THOSE FUNDS. true KIDS 'N' STUFF 301 S SUPERIOR ST ALBION MI 49224 383580496 501C3 15670 YOUTH PROGRAMS ALBION PUBLIC SCHOOLS 1418 COOPER ST ALBION MI 49224 386000759 GOV 34500 EDUCATION ALBION COLLEGE 611 E PORTER ST ALBION MI 49224 381359081 501C3 12000 EDUCATION CITY OF ALBION 112 CASS STREET ALBION MI 49224 386004655 GOV 65650 COMMUNITY DEVELOPMEN AVSO 131 E CASS STREET ALBION MI 49224 382970255 501C3 16000 SUBSTANCE ABUSE PROG ALBION INNOVATION 201 N CLINTON ST ALBION MI 49224 455630266 501C3 12500 COMMUNITY DEVELOPMEN FRIENDS OF THE BOHM THEATRE 201 S SUPERIOR ST ALBION MI 49224 461255472 501C3 27990 THEATRE RESTORATION 7 SCHEDULE I, PAGE 1, PART I, LINE 2 THE COMMUNITY FOUNDATION USES A POST PROJECT EVALUATION FORM FOR EACH GRANT PROJECT TO COMPARE OBJECTIVES AND BUDGETS FROM THE APPLICATION TO ACTUAL OUTCOMES. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 TAX RETURN IS REVIEWED BY THE FULL BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS COMPLETE A FORM EACH JANUARY TO ENSURE THAT THE CONFLICT OF INTEREST POLICY IS EFFECTIVE. FORM 990, PAGE 6, PART VI, LINE 15A THE SALARY OF THE EXECUTIVE DIRECTOR (THE ONLY FULL TIME EMPLOYEE OF THE COMMUNITY FOUNDATION) IS DETERMINED BY THE BOARD USING THE COUNCIL OF MICHIGAN FOUNDATIONS ANNUAL SURVEY SALARY AS A GUIDE. FORM 990, PAGE 6, PART VI, LINE 19 ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE COMMUNITY FOUNDATIONS'S WEBSITE AND IN ITS PUBLISHED AUDIT REPORT. GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.