2015-11-12T11:34:03-06:00 2015-06-30 480567703 KCOE ISOM LLP 1726 COURT STREET REDDING CA 96001 990 2014-07-01 680242276 SHASTA REGIONAL COMMUNITY FOUNDATION SHAS 5302441219 1335 ARBORETUM DRIVE SUITE B REDDING CA 96003 KERRY CARANCI CEO 5302441219 2015-11-11 1 TAEN F SAETEURN P00945215 5302412515 2015-11-11 2014 2016-02-25 16:41:14Z KERRY CARANCI 1335 ARBORETUM DRIVE SUITE B REDDING CA 96003 5827177 0 1 X WWW.SHASTARCF.ORG X 2000 CA THE FOUNDATION PROMOTES PHILANTHROPHY BY CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER. 14 14 6 200 0 0 1477858 2550549 396919 422555 631358 1151555 -156183 22167 2349952 4146826 1839308 1900757 0 0 425291 459763 0 0 188016 398953 354767 2663552 2715287 -313600 1431539 23098697 23669575 231956 245326 22866741 23424249 X THE FOUNDATION PROMOTES PHILANTHROPY BY CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER. 0 0 2074793 1900757 ASSET DEVELOPMENT AND GRANT MAKING - SERVING ALL OF SHASTA AND SISKIYOU COUNTIES, THE SHASTA REGIONAL COMMUNITY FOUNDATION HAS MORE THAN 100 PHILANTHROPIC FUNDS AND MANAGES ASSETS OF MORE THAN 23 MILLION DOLLARS. THE COMMUNITY FOUNDATION PROVIDES GRANTS, SCHOLARSHIPS AND LOANS TO ADDRESS LOCAL NEEDS. THE COMMUNITY FOUNDATION SERVES AS A REGIONAL CENTER FOR PHILANTHROPY PROVIDING DONORS SIMPLE AND EFFECTIVE WAYS TO GIVE LOCALLY. 62201 WOMEN'S FUND - THIS PROGRAM SUPPORTS THE EFFORTS AND ORGANIZATIONS THAT IMPROVE THE LIVES OF WOMEN, CHILDREN AND THEIR FAMILIES IN THE GREATER REDDING AREA. 60471 LEADERSHIP REDDING - THIS PROGRAM CONSISTS OF ONE YEAR PROGRAMS OF DAY-LONG SESSIONS INTENDED TO PROVIDE ITS PARTICIPANTS WITH INFORMATION AND OPPORTUNITIES TO PROMOTE COMMUNITY INVOLVEMENT. 12775 IVY B. HORR ENDOWED MEDICAL EDUCATION LOAN FUND: THIS PROGRAM PROVIDES LOW INTEREST LOANS TO STUDENTS FROM SHASTA, LASSEN, TRINITY, TEHAMA, MODOC AND SISKIYOU COUNTIES PURSUING AN EDUCATION IN MEDICINE. 46226 OTHER PROGRAMS 59001 2256466 1 1 0 0 0 1 0 0 0 1 1 0 0 1 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 5 0 1 6 1 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X RAIANN WILSON 5032441219 1335 ARBORETUM DRIVE SUITE B REDDING CA 96003 MARY RICKERT DIRECTOR 2.00 X 0 0 0 DEANNE PARKER CHAIR 2.00 X X 0 0 0 KENDELL SEAMANS DIRECTOR 2.00 X 0 0 0 JOSEPH TALLERICO PAST CHAIR 2.00 X X 0 0 0 WILLIAM KOHN DIRECTOR 2.00 X 0 0 0 DORIAN AIELLO TREASURER 2.00 X X 0 0 0 LEO GRAHAM DIRECTOR 2.00 X 0 0 0 JIM ZAUHER VICE CHAIR 2.00 X X 0 0 0 JOAN FAVERO SECRETARY 2.00 X X 0 0 0 BRIAN MEEK DIRECTOR 2.00 X 0 0 0 BILL HAEDRICH DIRECTOR 2.00 X 0 0 0 DAN GHIDINELLI DIRECTOR 2.00 X 0 0 0 JON HALFHIDE DIRECTOR 2.00 X 0 0 0 SUE LANG DIRECTOR 2.00 X 0 0 0 KERRY CARANCI CEO 40.00 X 94230 0 12145 94230 0 12145 0 0 0 0 0 2550549 2550549 ADMINISTRATION FEES 523930 419580 419580 OTHER FEES 523930 2975 2975 422555 670121 670121 2161785 1680351 481434 481434 481434 CHNG IN VALUE REMNDR TRST 523930 22167 22167 22167 4146826 926156 0 670121 1899127 1899127 1630 1630 94230 9423 28269 56538 281553 120912 98419 62222 52576 22082 26288 4206 31404 13190 15702 2512 722 722 12100 3025 6050 3025 65252 65252 2589 49 2540 27371 11687 2091 13593 5661 2241 1710 1710 77604 19401 38802 19401 30167 14201 10644 5322 5144 5144 15445 5183 7722 2540 WORKSHOP EXPENSE 31494 31494 REPAIRS AND MAINTENANCE 23876 5969 11938 5969 MISCELLANEOUS EXPENSE 17878 14230 2759 889 DUES 12103 4034 4035 4034 27361 13336 7970 6055 2715287 2256466 270805 188016 2538322 2999242 90302 52040 399485 393459 7777 3626 106631 99167 11412 7464 18353368 18543594 1698031 1670150 23098697 23669575 4657 695 209557 227431 5850 6007 11892 11193 231956 245326 X 250661 276741 4982879 5487085 17633201 17660423 22866741 23424249 23098697 23669575 1431539 -874031 0 X 0 1 X 1 0 X 3842617 6588667 3466522 1477858 2550549 17926213 3842617 6588667 3466522 1477858 2550549 17926213 9406836 8519377 159899 177164 386528 513389 670121 1907101 395127 429351 102011 -156183 22167 792473 20625787 1653568 0.41300 0.38910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40 78 1190624 1753942 1109228 788066 6325894 16745126 1 1 18523953 771824 218644 766277 18748144 16039665 586994 2479135 581841 18523953 13014333 1918468 1279903 173039 16039665 7134369 5972385 117807 210228 13014333 5582365 649773 1031535 129304 7134369 0.94200 0.05800 0 0 106631 99167 7464 7464 CONTRIBUTIONS RECEIVABLE, NON CURRENT 7854 DEPOSITS 782 BENEFICIAL INTEREST IN REMAINDER TRUSTS 1661514 1670150 ACCRUED VACATION 11193 11193 X 3272795 -874031 -874031 4146826 0 4146826 2715287 0 2715287 0 2715287 PART V, LINE 4: ENDOWMENTS ARE USED TO MAINTAIN LONG-TERM SUPPORT FOR THE INDIVIDUAL FUNDS SPECIFIED PURPOSE. PART X, LINE 2: INCOME TAXES THE FOUNDATION HAS RECEIVED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. FASB ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FOUNDATIONS FINANCIAL STATEMENTS IN ACCORDANCE WITH FASB ASC 740, AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740-10 ALSO PROVIDES GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE FOUNDATIONS FEDERAL INCOME TAX RETURNS FOR TAX YEARS 2011 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE FOUNDATIONS CALIFORNIA INCOME TAX RETURNS FOR TAX YEARS 2010 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD. THE FOUNDATION DID NOT HAVE UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2015, AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. IN CONNECTION WITH THE ADOPTION OF FASB ASC 740-10, THE FOUNDATION WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF JUNE 30, 2015, THE FOUNDATION DID NOT ACCRUE INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. 1 SEE DETAILED LIST PROVIDED 1796620 SEE DETAIL PROVIDED. SEE LIST OF GRANTS 83 104137 PART I, LINE 2: REQUIRE GRANT REPORTS OF ALL GRANTEES FOR EACH GRANT AWARDED AND CONDUCT OCCASIONAL SITE VISITS TO INSURE COMPLIANCE WITH GRANT CONTRACTS. FORM 990, PART VI, SECTION B, LINE 11 LINE 11A EXPLANATION - KCOE ISOM LLP PROVIDES A DRAFT IRS FORM 990 TO SRCF MANAGEMENT FOR REVIEW PRIOR TO THE DUE DATE OF NOVEMBER 15TH. (KCOE ISOM LLP ALSO PROVIDES THE STATE OF CA TAX FORMS 199 AND RRF-1 FOR FILING.) SRCF MANAGEMENT FORWARDS THE DRAFT IRS FORM 990 TO ALL SRCF BOARD MEMBERS FOR REVIEW AND COMMENT. UNLESS AN EXTENSION IS NECESSARY, THE IRS FORM 990 AND THE STATE OF CA TAX FORMS 199 AND RRF-1 ARE FILED VIA CERTIFIED MAIL BY THE DUE DATE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURE STATEMENT IS SIGNED BY BOARD MEMBERS AND STAFF, AND THEN THE BOARD REVIEWS THE STATEMENTS TO IDENTIFY ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE SRCF EXECUTIVE COMMITTEE (BOARD CHAIR, VICE-CHAIR, SECRETARY, TREASURER, AND PAST CHAIR) SERVES AS THE COMPENSATION COMMITTEE (COMMITTEE). THE COMMITTEE MEETS ANNUALLY TO REVIEW THE CEO COMPENSATION. OFFICERS AND DIRECTORS OF SRCF ARE NOT PAID A SALARY OR WAGE OTHER THAN THE CEO. THE COMMITTEE REVIEWS COUNCIL ON FOUNDATIONS SALARY AND WAGE SURVEY, THE CEO EMPLOYMENT CONTRACT AND RECOMMENDS ANY AND ALL CHANGES TO THE BOARD OF DIRECTORS FOR A FULL VOTE. FORM 990, PART VI, SECTION C, LINE 19 SRCF POSTS THE INVESTMENT AND FUND MANAGEMENT, 990, AND ANNUAL AUDIT INFORMATION ON THEIR WEBSITE AT WWW.SHASTARCF.ORG. THE BYLAWS, ARTICLES OF INCORPORATION AND FORM 1023 ARE MADE AVAILABLE UPON REQUEST. SRC REAL ESTATE FOUNDATION 1335 ARBORETUM DRIVE SUITE B REDDING CA 96003 061797306 REAL ESTATE CA 501(C)(3) TYPE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0