2015-11-16T07:17:07-06:00 2014-12-31 MALONEY NOVOTNY LLC 1111 SUPERIOR AVENUE SUITE 700 CLEVELAND OH 44114 990 2014-01-01 311760702 LICKING COUNTY FOUNDATION INC % KATIE BROWN LICK 7403493863 30 N 2ND STREET NEWARK OH 430584212 MICHAEL CANTLIN DIRECTOR 7403493863 2015-11-12 true CHRISTOPHER B ANDERSON P00226559 2163630100 2014 2016-02-25 16:41:14Z CONSTANCE HAWK 30 N 2ND STREET NEWARK OH 430584212 592151 false X WWW.THELCFOUNDATION.ORG X 1956 OH TO IMPROVE THE QUALITY OF LIFE FOR ALL CITIZENS OF LICKING COUNTY AND TO DISTRIBUTE EARNINGS FROM PERMANENT CHARITABLE ASSETS TO BENEFIT THE ENTIRE COMMUNITY. 10 10 0 120 0 264490 61102 42648 39759 15435 31587 0 0 322573 132448 1450 2250 0 0 0 0 0 0 12846 52359 96372 53809 98622 268764 33826 5769189 5785820 162726 162000 5606463 5623820 THE MISSION OF LICKING COUNTY FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE FOR ALL CITIZENS OF LICKING COUNTY AND TO DISTRIBUTE EARNINGS FROM PERMANENT CHARITABLE ASSETS TO BENEFIT THE ENTIRE COMMUNITY. false false 53654 2250 39759 LICKING COUNTY FOUNDATION IS A PUBLIC CHARITABLE ORGANIZATION MADE UP OF A DIVERSE COLLECTION OF FUNDS GIVEN BY CARING INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS THAT HAVE A COMMON CONCERN FOR THE WELL-BEING OF THE PEOPLE OF LICKING COUNTY. DISTRIBUTIONS FROM THESE FUNDS MAINTAIN AND ENHANCE THE EDUCATIONAL, SOCIAL, CULTURAL, HEALTH AND CIVIC RESOURCES OF THE COMMUNITY THROUGH SUPPORT OF QUALIFIED CHARITABLE ORGANIZATIONS. 53654 true true false false false true false false false true true true false false true true false true false false false false false false false false false false false false false false false false false false false false true false false false true true false false false true 0 0 0 false false false false false false false false false false X 10 10 false false false false false false false true true false false false true true true true true true true false OH X KATIE BROWN 7403493863 30 N 2ND STREET NEWARK OH 430584212 DAVID TRAUTMAN CHAIRMAN 2.0 2.0 X X 0 0 0 JEFF COX VICE CHAIRMAN 2.0 2.0 X X 0 0 0 ESCHOL CURL SECRETARY & TREASURER 2.0 2.0 X X 0 0 0 MICHAEL CANTLIN PAST CHAIRMAN 1.0 1.0 X 0 0 0 MICHAEL KENNEDY DIRECTOR 1.0 1.0 X 0 0 0 NOBEL SNOW DIRECTOR 1.0 1.0 X 0 0 0 MIKE WHITEHEAD DIRECTOR 1.0 1.0 X 0 0 0 JANINE MORTELLARO DIRECTOR 1.0 1.0 X 0 0 0 MOLLY INGOLD DIRECTOR 1.0 1.0 X 0 0 0 CYNTHIA MENZER DIRECTOR 1.0 1.0 X 0 0 0 CONSTANCE HAWK EXECUTIVE DIRECTOR 1.0 40.0 X 0 95219 4738 MARY K BROWN FINANCIAL OFFICER 1.0 40.0 X 0 58991 2928 0 154210 7666 0 false false false 0 61102 61102 61102 REAL ESTATE REVENUE 531120 39759 39759 39759 14496 14496 0 0 0 0 0 476794 459703 17091 17091 17091 0 0 0 0 132448 39759 31587 2250 2250 0 0 0 0 0 0 0 0 0 0 599 319 200 80 0 0 0 2021 1078 674 269 0 0 0 0 0 0 0 0 0 0 0 52103 27792 17366 6945 13376 7135 4458 1783 ADMINISTRATIVE FEES 10058 5365 3352 1341 REAL ESTATE TAXES 13330 7110 4443 1777 MISC. REAL ESTATE EXPENSES 4885 2605 1629 651 98622 53654 32122 12846 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 830539 159796 688510 670743 291868 765236 4777366 4349841 0 0 0 0 11445 0 5769189 5785820 726 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 162000 162000 162726 162000 X 940447 569429 1290258 1639142 3375758 3415249 5606463 5623820 5769189 5785820 33826 -16469 X false true X true false X 720000 20000 0 264490 61102 1065592 40640 42648 39759 123047 0 0 0 720000 20000 40640 307138 100861 1188639 0 25536 20165 45701 25536 20165 45701 1142938 1175 1046 1217 7695 14496 25629 0 1175 1046 1217 7695 14496 25629 0 0 721175 21046 41857 314833 115357 1214268 0.94126 0.96685 0.02111 0.01007 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 61102 2250 150706 true true 3147583 40937 58384 459675 2787229 3514379 7695 374111 380 3147583 3513542 1217 380 3514379 3498317 20000 1047 5531 291 3513542 0.01722 0.33137 0.68585 false false 0 138448 138448 0 692091 159796 532295 670743 REAL ESTATE INVESTMENTS 4349841 C 4349841 0 AGENCY LIABILITY 162000 162000 X PART X, LINE 2 - FIN 48 (ASC 740) FOOTNOTE: LCF IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE LCF IS THE SOLE MEMBER OF THE SUBSIDIARY LLC'S WHICH ARE TREATED AS DISREGARDED ENTITIES FOR TAX PURPOSES. ACCORDINGLY, NO PROVISIONS FOR FEDERAL, STATE, OR LOCAL TAXES ARE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THERE WERE NO UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2014. LCF'S INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES, GENERALLY FOR THREE YEARS. PART V, LINE 1 - ADDITIONAL INFORMATION ON ENDOWMENT FUNDS: SOME OF THE AMOUNTS FOR THE PRIOR YEAR HAVE BEEN RESTATED TO REFLECT THE PROPER BALANCES. X 2 61102 Stock Quote false true true PART I, LINE 32B - USE OF THIRD PARTIES: THE FOUNDATION USES THE SERVICES OF A SECURITY BROKER TO SELL DONATED SECURITIES. THE FEES CHARGED FOR SUCH SERVICES ARE AT OR BELOW FAIR MARKET VALUE. FORM 990, PART VI, LINE 11B - FORM 990 REVIEW: FORM 990 IS REVIEWED BY THE CHAIRMAN, PAST CHAIRMAN, AND THE GOVERNING COMMITTEE PRIOR TO FILING. FORM 990,PART VI,LINE 12C - MONITORING AND ENFORCEMENT OF CONFLICT POLICY: ANNUALLY, THE DIRECTOR PROVIDES THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND CONFLICT OF INTEREST STATEMENT AND DISCLOSURE TO EACH GOVERNING COMMITTEE MEMBER, STAFF MEMBER, AND COMMITTEE MEMBER (WHO IS NOT A BOARD MEMBER) TO READ AND COMPLETE THE CONFLICT OF INTEREST STATEMENT. DISCLOSURE DOCUMENTS ARE REVIEWED BY THE DIRECTOR. ANY POTENTIAL CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE GOVERNING COMMITTEE FOR ENFORCEMENT. A NOTEBOOK IS COMPILED OF ALL STATEMENTS AND DISCLOSURES FOR READY ACCESS AND REFERENCE. AT THE BEGINNING OF EACH BOARD MEETING, GOVERNING COMMITTEE MEMBERS ARE ASKED TO DISCLOSE ANY NEW INTERESTS OR AFFILIATIONS. FORM 990, PART VI, LINE 15 - COMPENSATION REVIEW AND APPROVAL: IN 2014, THE HUMAN RESOURCES COMMITTEE REVIEWED THE ANNUAL SALARY SURVEY PROVIDED BY THE COUNCIL ON FOUNDATIONS FOR RECOMMENDING THE COMPENSATION OF THE DIRECTOR, FINANCIAL OFFICER, PROGRAM OFFICER, AND PROGRAM ASSISTANT. THE GOVERNING COMMITTEE ALSO REVIEWED THIS COMPARABILITY DATA FOR APPROVING THE COMPENSATION FOR THESE POSITIONS. ALL OF THESE DELIBERATIONS WERE DOCUMENTED IN THE COMMITTEE AND BOARD MEETING MINUTES. FORM 990, PART VI, LINE 19 - AVAILABILITY OF DOCUMENTS: GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AS STATED ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C - SUPPLEMENTAL INFO. FOR THE AUDIT COMMITTEE: THE AUDIT COMMITTEE IS CHAIRED BY THE FOUNDATION'S VICE CHAIRMAN AND COMPRISED OF NON-BOARD MEMBER VOLUNTEERS. THE COMMITTEE PROVIDES OVERSIGHT INTO THE ORGANIZATION'S ACCOUNTING AND FINANCIAL REPORTING, AND OVERSEES THE ORGANIZATION'S ANNUAL AUDITS, SELECTION OF AN INDEPENDENT AUDITOR, FORM 990 PREPARATION, ETHICS, ADEQUACY OF INTERNAL CONTROLS, PROPER AUTHORIZATION OF ACTIVITIES AND EXPENDITURES, COMPLIANCE WITH POLICIES, AND DEVELOPMENT OF NEW POLICIES. FORM 990, PART VI, LINE 11A - PROVIDING FORM 990 TO BOARD MEMBERS: THE FOUNDATION BELIEVES THAT DONOR INFORMATION IS CONFIDENTIAL AND HAS CHOSEN TO REDACT THE NAMES AND ADDRESSES OF DONORS FROM SCHEDULE B FOR THE VERSION OF FORM 990 THAT IS GIVEN TO THE BOARD. AS SUCH, WE ARE REQUIRED TO RESPOND "NO" TO THE QUESTION ON LINE 11A OF PART VI EVEN THOUGH FORM 990 WAS DISTRIBUTED TO THE BOARD MEMBERS WITH INFORMATION REDACTED FROM SCHEDULE B. 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