2015-08-11T09:23:17-07:00 2014-12-31 990 2014-01-01 452899583 WORD OF LIFE FOUNDATION INC WORD 5184946200 PO Box 600 Schroon Lake NY 12870 Bobby Brown Director Foundation 5184946205 2015-08-11 2014 2016-02-25 16:41:14Z Bobby Brown Po Box 600 Schroon Lake NY 12870 9055488 0 X www.wol.org X 2012 NY The Foundation is organized and operated exclusively to support the overall mission and vision of Word of Life Fellowship, Inc (Word of Life) . Word of Life will oversee the affairs of the Foundation and ensure that all actions of the Foundation are consistent with the mission, vision, values and purposes of Word of Life. The Foundation, by receiving and managing charitable contributions, will support Word of Life and other charities whose work furthers Word of Life's purposes. 7 3 0 0 0 0 13479000 4239904 0 0 603092 457691 0 0 14082092 4697595 19119270 6724687 0 0 0 0 0 0 72754 155899 165068 19275169 6889755 -5193077 -2192160 22880357 20995323 1000 284200 22879357 20711123 THE FOUNDATION IS ORGANIZED AND IS OPERATED AS A TYPE 1 SUPPORTING ORGANIZATION FOR THE SUPPORT AND FURTHERANCE OF THE RELIGIOUS, CHARITABLE, AND EDUCATIONAL TAX-EXEMPT PURPOSES OF WORD OF LIFE FELLOWSHIP INC. THE FOUNDATION RECEIVES AND DISTRIBUTES FUNDS TO WORD OF LIFE FELLOWSHIP INC AND OTHER TAX EXEMPT ORGANIZATIONS WHO FURTHER THE PURPOSES OF WORD OF LIFE FELLOWSHIP INC. 0 0 6724687 6724687 0 THE FOUNDATION IS ORGANIZED AND IS OPERATED AS A SUPPORTING ORGANIZATION FOR THE SUPPORT AND FURTHERANCE OF THE RELIGIOUS, CHARITABLE, AND EDUCATIONAL TAX-EXEMPT PURPOSES OF Word of Life Fellowship Inc . THE FOUNDATION RAISEs AND DISTRIBUTES FUNDS TO WORD OF LIFE FELLOWSHIP INC AND OTHER TAX EXEMPT ORGANIZATIONS WHO FURTHER THE PURPOSES OF WORD OF LIFE FELLOWSHIP INC. 0 0 0 6724687 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 3 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Word of Life Fellowship Inc Attn Roger W Sachleben 5184946000 PO Box Schroon Lake NY 12870 Brown Bobby B Director-Secretary 20 20 X X 0 69258 177 Davis Kyle Director 1 4 X 0 0 0 Leach Howard C Director-Treasurer 1 39 X X 0 51460 7254 Lough Don H Director 1 39 X 0 128548 16274 Nelson Benjamin J Director 1 39 X 0 80752 10926 Peterson Bruce Director-Vice President 2 2 X X 0 800 0 Price William Director-President 2 2 X X 0 0 0 0 330818 34631 0 0 0 0 Word of Life Fellowship Inc PO Box 600 Schroon Lake NY 12870 Administrative 107000 1 0 0 0 0 0 4239904 103154 4239904 0 480967 0 0 480967 0 0 0 0 0 0 0 0 0 0 4334617 0 4357893 0 -23276 0 -23276 0 0 -23276 0 0 4697595 0 0 457691 6724687 6724687 32893 32893 72754 72754 Management Fees 59421 0 59421 0 6889755 6724687 92314 72754 3026168 3322806 12921134 10932985 0 6933055 6739532 22880357 20995323 1000 284200 0 0 1000 284200 X 22879357 20711123 0 0 0 0 22879357 20711123 22880357 20995323 -2192160 23926 0 0 0 0 X 0 1 X 1 0 X X 1 Word of Life Fellowship Inc 135648615 501c(3) 1 4913563 0 1 4913563 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part I, Line 11 Word of Life Foundation Inc is organized and operated to support Word of Life Fellowship Inc and other public charities whose work furthers Word of Life's purposes. Please see schedule I for details on distributions given to other public charities who received more than $5,000. Schedule A, Part IV, Section A, Line 6 see detail of organizations support in Schedule I Part IV RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10 0 4289903 0 6760674 0 20711125 0 1 1 0 0 X 4416102 0 0 0 0 0 4416102 0 281493 281493 4697595 6889755 0 0 0 0 0 6889755 0 0 0 6889755 Schedule D, 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 statement of activities. As of December 31, 2014, Word of Life had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Schedule D, Part XI, Line 4b Interest income on notes receivable from related parties and gains/losses on investments 1 Word of Life Fellowship Inc PO Box 600 Schroon Lake NY 12870 135648615 501c3 4913563 Ministry Finish Line Ministries International 250 E Broad St Suite 450 Columbus OH 43215 311356262 501c3 225000 Ministry Barnabas Ministries Inc 5885 East Circle Dr Cicero NY 13039 900888454 501c3 200000 Ministry South Hills Bible Chapel Ron Moore 300 Gallery Dr McMurray PA 15317 251495523 501c3 200000 Ministry Appalachian Bible College 161 College Dr Mount Hope WV 25880 550370901 501c3 178000 Ministry SCORE International Inc PO Box 9994 Chattanooga TN 37412 581605736 501c3 118420 Ministry Baptist Bible College 538 Venard Rd Clarks Summit PA 18411 150543962 501c3 100000 Ministry Local Church Evangelism Inc PO Box A Newport ME 04953 010485729 501c3 53600 Ministry Abide International 17701 NW 57th Ave Miami Gardens FL 33055 592400330 501c3 50000 Ministry Back to the Bible PO Box 82808 Lincoln NE 68501 476022615 501c3 50000 Ministry Keep Believing Ministries PO Box 257 Elmhurst IL 60126 204619337 501c3 50000 Ministry Providence Bible Church PO Box 13946 Denver CO 80201 510184543 501c3 50000 Ministry Water Street Ministries PO Box 7267 Lancaster PA 17604 236004676 501c3 50000 Ministry By The Hand PO Box 10043 Chicago IL 60610 203144284 501c3 35000 Ministry Campus Crusade for Christ PO Box 628222 Orlando FL 32862 956006173 501c3 31400 Ministry Ecuadorian Harvest Ministries 20005 NE Redmond Rd Redmond WA 98053 911659508 501c3 25000 Ministry The Mailbox Club 404 Eager Rd Valdosta GA 31602 237229445 501c3 25000 Ministry The Ryrie Foundation 3310 Fairmont 5 D Dallas TX 75201 752001540 501c3 25000 Ministry Truth Encounter 251 Meadowbrook Ln Midlothian TX 76065 752446447 501c3 25000 Ministry Wycliffe PO Box 628200 Orlando FL 32862 951831097 501c3 25000 Ministry Pioneers Inc 10123 William Carey Dr Orlando FL 32832 521206938 501c3 22400 Ministry Challenge Ministries International 14140 Abington Ave Detroit MI 48227 383570815 501c3 20000 Ministry RZIM 4725 Peachtree Corners Cir Ste 250 Norcross GA 30092 133200719 501c3 20000 Ministry Messiah College College Ave Suite 3011 Mechanicsburg PA 17055 231352661 501c3 17000 Ministry Central Missionary Clearinghouse PO Box 219228 Houston TX 77218 510138300 501c3 12400 Ministry Exodus 3 Ministries 305 N Geddes St Syracuse NY 13204 271197922 501c3 12300 Ministry Exodus Church 40 Otis St Somerville MA 02145 271751999 501c3 12000 Ministry Redemption Church 2101 Iowa St Chesapeake VA 23323 271751999 501c3 11000 Ministry Realife Inc 4600 Richmond St Philadelphia PA 19137 233045279 501c3 10600 Ministry Biblical Ministries Worldwide 1595 Herrington Rd Lawrenceville GA 30043 946171558 501c3 10000 Ministry Discipleship Network of America 100 Downers Grove Signal Mountain TN 37377 621845855 501c3 10000 Ministry Links Players International 755 N Peach Ave Suite E11 Clovis CA 93611 731258934 501c3 10000 Ministry Moody Church Media 1635 N LaSalle Chicago IL 60614 362167792 501c3 10000 Ministry SIM PO Box 7900 Charlotte NC 28241 221936391 501c3 10000 Ministry TEAM Stewardship Dept PO Box 969 Wheaton IL 60187 361269146 501c3 10000 Ministry United World Mission PO Box 602002 Charlotte NC 28260 596045867 501c3 6000 Ministry World Team 1431 Stuckert Rd Warrington PA 18976 591759927 501c3 6000 Ministry World Venture 1501 W Mineral Ave Littleton CO 80120 362216163 501c3 5400 Ministry 60 0 Schedule I, Part I, Line 2 Grant recommendations are reviewed against donor advised fund purpose statements, Grantees just provide their EIN and are advised by letter included with each distribution that distributions are from donor advised funds and therefore tax receipt should not be provided. Grantees must affirm that 1:distributions will be used exclusively for the furtherance of the Grantee's proper exempt purpose 2: no private benefit, goods or services were received by any individual 3: this gift is not in satisfaction of a personal obligation 4: this gift will not be used for political activity 5: this gift will not be used for school tuition apart from an established scholarship program. The Foundation depends on the governing boards of the receiving organizations to assure that the conditions for receiving the distributions are met. CBC Companies Company owned by board member Ministry X 16000000 9610100 0 1 1 9610100 X 1 103154 NYSE quote 0 0 1 0 Form 990, Part VI, Section A, Line 6 Word of Life Fellowship Inc is the sole member of the foundation. Form 990, Part VI, Section A, Line 7a Word of Life Fellowship Inc has the power to elect and remove the governing board. Form 990, Part VI, Section A, Line 7b Word of Life Fellowship Inc will have the following powers with respect to the Foundation (1) to elect and remove all directors of the foundation (2) to appoint the president of the Board of the Foundation (3) to select independent auditors, legal counsel and other major consultants for the foundation and (4) approve the foundations investment policy, fundraising policy, gifts receipts policy and major agreements and annual budgets. Form 990, Part VI, Section B, Line 11b A copy of the 990 is provided to each board member before it is filed. Form 990, Part VI, Section B, Line 12c Each director is required to annually review and file signed declarations of compliance with the policy or state possible exceptions which are reviewed and approved or disallowed by the board. The conflict of interest policy prohibits a person with a conflict of interest from participating in discussion on a related issue and they must be excused from the meeting when voting. Form 990, Part VI, Section C, Line 19 Word of Life Foundation makes available to the public upon request our tax exemption determination letter, form 990 , audited financial statements and articles of incorporation. Word of Life Fellowship Inc PO Box 600 Schroon Lake NY 12870 135648615 Religious outreach NY 501(c)(3) Line 9 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0