2015-10-05T13:20:28-07:00 2014-12-31 Honegger Ringger & Co Inc 1905 N Main Street Bluffton IN 46714 990 2014-01-01 356042815 WELLS COUNTY FOUNDATION INC WELL 2608248620 360 N MAIN ST SUITE C BLUFFTON IN 46714 TAMMY SLATER Executive Director 2015-10-05 true Brad H Johnson CPA P00388321 2608244107 2014 2016-03-07 17:11:31Z 10403669 false false X www.wellscountyfound.org X 1957 IN CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. 16 16 3 50 0 1638377 2175120 0 1257518 1856190 90500 37688 2986395 4068998 451674 646512 0 120852 130165 0 101257 140798 154684 713324 931361 2273071 3137637 19768368 22843365 1065618 1590099 18702750 21253266 CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. false false 474743 453331 PROVIDE BENEFITS AND DEVELOPMENT OF THE WELLS COUNTY COMMUNITY BY PROVIDING PROGRAM/PROJECT FUNDING FOR QUALIFIED CHARITABLE ORGANIZATIONS PURSUANT TO THE PURPOSE OF DONOR INTENTIONS AND BY FUNDING PROGRAMS OR PROJECTS THAT IMPROVE THE COMMUNITY. 218943 193181 AWARD SCHOLARSHIPS TO WELLS COUNTY RESIDENTS TO ASSIST IN PURSUING POST-SECONDARY EDUCATION. 93 STUDENTS RECEIVED SCHOLARSHIPS IN 2014. 693686 true true false false false true false false false true true false false true true false true false false false false false false false false false false true true false false false false false false false false true false false false false false false false false false false false false false true 4 0 false 3 true false false false false false false false false 0 false false false false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true true false IN X X JILL WORDEN 2608248620 360 N MAIN ST SUITE C BLUFFTON IN 46714 X GREG ROEMBKE Director 0.00 0.00 X 0 0 0 TRENT BUCHER Treasurer 0.00 0.00 X X 0 0 0 ADAM HARDER Director 0.00 0.00 X 0 0 0 AMY GREINER Director 0.00 0.00 X 0 0 0 CHUCK KING Secretary 0.00 0.00 X X 0 0 0 PAT TRANT Director 0.00 0.00 X 0 0 0 JEREMY TODD Director 0.00 0.00 X 0 0 0 BARBARA BARBIERI DIRECTOR 0.00 0.00 X 0 0 0 ALAN GUNKEL Vice President 0.00 0.00 X X 0 0 0 TIM BABCOCK Director 0.00 0.00 X 0 0 0 GINNY FENSTERMAKER Director 0.00 0.00 X 0 0 0 OLIVIA REEVES Director 0.00 0.00 X 0 0 0 MITCH HARNISH Director 0.00 0.00 X 0 0 0 MIKE KRACIUM Director 0.00 0.00 X 0 0 0 TAMMY SCHAFFER Director 0.00 0.00 X 0 0 0 LAURA GENTIS President 0.00 0.00 X X 0 0 0 TAMMY SLATER EXEC DIRECTOR 40.00 0.00 X 56774 0 0 56774 0 false false false 0 2175120 25000 2175120 0 423167 423167 0 0 13077 1351 11726 11726 11726 7766343 6333320 1433023 1433023 1433023 0 0 0 CHANGE IN REMAINDER TRUST 17002 17002 OPERATING FEES 8960 8960 25962 4068998 1470711 423167 453331 453331 193181 193181 0 0 56774 18925 18925 18924 0 60862 19777 30431 10654 0 3529 1161 1481 887 9000 2961 3776 2263 0 0 35800 35800 0 0 0 0 0 8403 8403 0 0 19657 19657 448 448 0 0 0 0 5868 5868 2929 2929 AMORTIZATION 47857 47857 DONOR DEVELOPMENT 20672 20672 ADMINISTRATION FEES 4350 4350 Equipment Rental & Maintanence 4146 4146 4554 4554 931361 693686 136418 101257 125 25 852054 1388627 1190000 200000 0 0 0 0 0 1075 0 65419 48958 13937 16461 16555889 20066817 0 0 0 1155288 1171435 19768368 22843365 6256 6434 76379 63388 982983 1520277 1065618 1590099 X 1613435 1722685 5893584 6630172 11195731 12900409 18702750 21253266 19768368 22843365 3137637 -587121 X false true X true false X 78791 102389 149403 138876 436436 905895 0 0 78791 102389 149403 138876 436436 905895 67863 838032 208169 193873 234310 328206 407528 1372086 0 450 420 12681 12211 25762 2303743 0.36380 0.33960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11 17250 35658 622171 true true 15384217 1692676 1006718 360136 148902 17574573 11974135 1557619 2204693 224646 127584 15384217 10961192 62294 1260805 195044 115112 11974135 11339843 467326 -516920 208313 120744 10961192 9970765 24095 1586213 133066 108164 11339843 0.00950 0.73400 0.25650 false false false 65419 48958 16461 16461 ACCRUED INTEREST INCOME 20173 BENEFICIAL INTEREST IN REMAINDER TRUST 596837 DEPOSITS 300 FARM LAND INVESTMENT 554125 1171435 AGENCY LIABILITIES 914542 ANNUITY LIABILITY 38245 CUSTODIAL LIABILITIES 128791 DEFERRED LIABILITY - LILLY GIFT VI 438699 1520277 3481877 -587121 -587121 4068998 4068998 931361 931361 931361 Part V, Line 4: Intended uses of the endowment fund. THE FOUNDATION HOLDS SEVERAL ENDOWED FUNDS THAT WERE CREATED BY DONORS OR SET ASIDE BY THE FOUNDATION TO INVEST AND CREATE INCOME AVAILABLE TO BE SPENT ON ENHANCING THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. THE ENDOWED FUND BALANCES ARE NOT INTENDED TO BE SPENT BY THE FOUNDATION. SOME FUNDS MAY TARGET DIFFERENT AREAS OR CATEGORIES IN THE COMMUNITY SUCH AS ARTS AND CULTURE, CIVIC AFFAIRS, COMMUNITY DEVELOPMENT, EDUCATION, YOUTH, ENVIRONMENT, ANIMAL WELFARE, RECREATION, HEALTH AND HUMAN SERVICES. true ALIVE & WELL ABSTINENCE EDUC 650 N MAIN ST SUITE B BLUFFTON IN 46714 711019116 501(C)(3) 6850 0 BOOK EDUCATIONAL PROGRAM FOR YOUTH BI-COUNTY SERVICES INC 425 E HARRISON ST BLUFFTON IN 46714 356203048 501(C)(3) 12700 0 BOOK PROGRAMS FOR MENTALLY HANDICAPPED BLUFFTON PARKS DEPARTMENT 128 E MARKET ST BLUFFTON IN 46714 356000955 501(C)(3) 9258 0 BOOK VARIOUS ACTIVITIES AT LOCAL PARKS BLUFFTON-HARRISON MSD 805 E HARRISON ST BLUFFTON IN 46714 351065748 501(C)(3) 7000 0 BOOK LEARN SKILLS CLINIC & COOKING CARTS CANCER SERVICES OF NE INDIANA 6316 MUTUAL DRIVE FORT WAYNE IN 46825 350965609 501(C)(3) 7500 0 BOOK ASSIST WELLS CO CANCER PATIENTS CITY OF BLUFFTON 128 E MARKET ST BLUFFTON IN 46714 356000955 501(C)(3) 27700 0 BOOK REPLACE POOL BOILER CREATIVE ARTS-WELLS CO 211 W WATER ST SUITE B BLUFFTON IN 46714 237369770 501(C)(3) 19265 0 BOOK PROVIDE ART PROGRAMS TO COMMUNITY FAMILY CENTERED SERVIC 123 S MARION ST BLUFFTON IN 46714 351768199 501(C)(3) 30285 0 BOOK VARIOUS FAMILY PROGRAMS FIRST UNITED METHODIST CHURCH 325 W WASHINGTON ST BLUFFTON IN 46714 356000384 501(C)(3) 5750 0 BOOK FUND FIRST WE CARE PROGRAM FORT WAYNE PHILHARMONIC 4901 FULLER DRIVE FORT WAYNE IN 46835 350791163 501(C)(3) 8000 0 BOOK PATRIOTIC POPS AND EDUC CONCERT FRIENDS OF OUABACHE STATE PK 315 W SPRING ST BLUFFTON IN 46714 463723858 501(C)(3) 11324 0 BOOK FUNDING FOR THE STATE PARK HEARTSPRING INC 8700 EAST 29TH ST NORTH WICHITA KS 67226 480561969 501(C)(3) 7700 0 BOOK SUPPORT CHILDREN WITH SPECIAL NEEDS HELPING HANDS PREGNANCY RES 116 E DUSTMAN RD SUITE B BLUFFTON IN 46714 454998438 501(C)(3) 6800 0 BOOK FUNDING TOWARD BABY ITEMS JUNIOR ACHIEVEMENT OF NORTHERN INDIANA 601 NOBLE DRIVE FORT WAYNE IN 46825 841267604 501(C)(3) 7000 0 BOOK JA PROGRAMS IN WELLS CO SCHOOLS NOTTINGHAM TWSP FIRE DEPT 3518 E MARKET ST PETROLEUM IN 46778 351676415 501(C)(3) 12037 0 BOOK FUNDING FOR TOOLS & EQUIPMENT OSSIAN FIRE DEPARTMENT 507 N JEFFERSON ST OSSIAN IN 46777 351754024 501(C)(3) 7700 0 BOOK SUPPORT FOR LOCAL FIRE DEPT PLEASANT DALE CEMETERY ASSOC 5161 W 300 N DECATUR IN 46733 351589082 501(C)(3) 7600 0 BOOK SUPPORT OF CHARITABLE ACTIVITIES PLEASANT DALE CHURCH 4505 W 300 N DECATUR IN 46733 351589082 501(C)(3) 5250 0 BOOK CHURCH'S CHARITABLE PURPOSES RILEY CHILDRENS FOUNDATION 30 S MERIDIAN ST SUITE 200 INDIANAPOLIS IN 46204 350868147 501(C)(3) 10000 0 BOOK REPLENISH FUNDS WELLS CO KIDS SOUTHERN WELLS COMM SCHOOLS 9120 S 300 W PONETO IN 46781 351077633 501(C)(3) 6381 0 BOOK VARIOUS EDUCATION PROGRAMS ST JOSEPH CATHOLIC CHURCH 1300 N MAIN ST BLUFFTON IN 46714 300516171 501(C)(3) 18000 0 BOOK CHURCH'S CHARITABLE PURPOSES ST VINCENT DE PAUL CATHOLIC 1502 E WALLEN ROAD FORT WAYNE IN 46825 351003124 501(C)(3) 12000 0 BOOK CHURCH'S CHARITABLE PURPOSES WELLS CO 4-H ASSOCIATION 1240 4-H PARK ROAD BLUFFTON IN 46714 351152326 501(C)(3) 29085 0 BOOK FUNDING FOR FACILITY IMPROVEMENTS WELLS CO BOYS & GIRLS CLUB 1410 S WAYNE ST BLUFFTON IN 46714 311253620 501(C)(3) 6050 0 BOOK SUPPORT PROGRAMS FOR KIDS IN COMM WELLS COUNTY EMS 140 W SPRING ST BLUFFTON IN 46714 352112570 501(C)(3) 13000 0 BOOK SUPPORT FOR LOCAL EMS WELLS COUNTY PUBLIC LIBRARY 200 W WASHINGTON ST BLUFFTON IN 46714 356000258 501(C)(3) 18500 0 BOOK VARIOUS LIBRARY PROGRAMS WELLS COUNTY REVITALIZATION INC 211 WATER ST BLUFFTON IN 46714 351625609 501(C)(3) 24252 0 BOOK SUPPORT REVITALIZATION OF COMMUNITY WELLS COUNTY YMCA 1935 N MAIN ST BLUFFTON IN 46714 350886850 501(C)(3) 34500 0 BOOK SUPPORT FOR CAPITAL CAMPAIGN 23 5 SCHOLARSHIPS FOR WELLS CO IND. 93 193181 BOOK Additional Supplemental Information SCHEDULE I PART IIITHE FOUNDATION ANNUALLY AWARDS SEVERAL SCHOLARSHIPS TO ALLOW THE RECIPIENTS TO PROMOTE HIGHER EDUCATION LEVEL AMONG AREA RESIDENTS. MANY DIFFERENT SCHOLARSHIP PROGRAMS ARE AVAILABLE DEPENDING ON THE FIELD OF INTEREST THAT WAS SPECIFIED BY THE INDIVIDUALS WHO DONATED FUNDS TO ESTABLISH THE PARTICULAR PROGRAM. THE SCHOLARSHIPS ARE PUBLICLY ADVERTISED AND AWARDED IN ALL AREA SCHOOLS WHICH AREA RESIDENTS ARE ENROLLED.THE SELECTION OF MANY OF THE SCHOLARSHIPS IS BASED ON INDIVIDUAL JUDGMENTS MADE BY A CONTRACTED, INDEPENDENT, NON-LOCAL PROFESSIONAL WHO THEN ADVISES THE BOARD OF HIS OR HER RECOMMENDATIONS. THERE ARE SEVERAL SCHOLARSHIP PROGRAMS FOR WHICH EACH AREA SCHOOL'S BOARD APPOINTED SCHOLARSHIP SELECTION COMMITTEE DETERMINES THE RECIPIENT(S) FOR THAT PARTICULAR PROGRAM. THE SCHOLARSHIP COMPETITION CONSIDERS A WIDE RANGE OF CRITERIA INCLUDING PAST ACADEMIC RECORD, EXTRA-CURRICULAR ACTIVITIES, COMMUNITY INVOLVEMENT, ACADEMIC AND SOCIAL PROGRESS, AND SCORES ON NATIONAL STANDARDIZED TESTS (SAT, ACT).THE FOUNDATION'S GRANT COMMITTEE DOES SELECT INDIVIDUALS FOR SOME OF THE SCHOLARSHIPS, BUT ULTIMATELY, THE BOARD OF DIRECTORS APPROVES THE RECOMMENDATIONS FROM THE SELECTION SOURCES. AS WITH ALL MATTERS REQUIRING BOARD APPROVAL, ALL CONFLICTS OF INTEREST ARE OPENLY DISCLOSED AND IF ANY BOARD MEMBER HAS HAD A PART IN DETERMINING A RECIPIENT, HE OR SHE IS REQUIRED TO ABSTAIN FROM VOTING.THE SCHOLARSHIP AWARDS RANGE FROM ONE-TIME AWARDS TO FOUR-YEAR RECURRING AWARDS. IN ANY CASE, THOUGH, THE SCHOLARSHIP RECIPIENT MUST SUBMIT AN OFFICIAL INVOICE FOR TUITION AND FEES AND SUBMIT RECEIPTS FOR REIMBURSEMENT FOR BOOKS AND REQUIRED EQUIPMENT. ALL TUITION PAYMENTS ARE MADE PAYABLE ONLY TO THE EDUCATIONAL INSTITUTION. Grantmaker's Description of How Grants are Used ORGANIZATIONS RECEIVING GRANTS ARE SENT A LETTER FROM THE FOUNDATION TO NOTIFY THEM THAT THEIR GRANT WAS APPROVED. THE FOUNDATION INCLUDES A GRANT AGREEMENT WITH THIS LETTER THAT THE ORGANIZATIONS SIGN AND RETURN WHEN THEY ARE READY TO RECEIVE THEIR GRANT MONEY. AFTER THE GRANT MONEY IS USED, THE ORGANIZATIONS ARE REQUIRED TO SEND INVOICES, PICTURES, OR PUBLICITY TO SHOW THE FOUNDATION HOW THE MONEY WAS SPENT. A FINAL GRANT REPORT DETAILING EXPENDITURES IS DUE WITHIN 12 MONTHS FROM THE GRANT DISTRIBUTION. FOUNDATION EMPLOYEES FOLLOW UP WITH ORGANIZATIONS RECEIVING GRANTS IF THEY DO NOT RECEIVE INFORMATION ON HOW THE MONEY WAS SPENT. WELLS COUNTY PUBLIC LIBRARY EXEC DIR IS ON GRANTS COMM 18500 GRANT READING PROGRAM GARRETT A BUCHER SON OF BOARD MEMBER 3218 SCHOLARSHIP Form 990, Part VI, Line 11b: Form 990 Review Process ALL FINANCE COMMITTEE MEMBERS RECEIVED A COPY OF THE FORM 990. THE COMMITTEE MET TO DISCUSS THE FORM 990 AND ANSWER ANY QUESTIONS ANY OF THE COMMITTEE MEMBERS HAD. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts DIRECTORS ABSTAIN FROM VOTES DURING BOARD MEETINGS THAT WOULD CREATE A CONFLICT OF INTEREST. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees EXECUTIVE COMMITTEE MEETS ANNUALLY TO EVALUATE PERFORMANCE OF EXECUTIVE DIRECTOR. COMMITTEE DISCUSSES WHAT THE EXECUTIVE DIRECTOR HAS DONE WELL OVER THE PAST YEAR AND WHAT COULD BE IMPROVED ON OR FOCUSED ON IN THE UPCOMING YEAR. THE COMMITTEE WILL SET COMPENSATION LEVEL AND IN THE PAST HAS COMPARED TO SIMILAR SIZE COMMUNITY FOUNDATIONS.HOURLY WAGES OF OTHER TWO EMPLOYEES ARE FIRST EVALUATED BY EXECUTIVE DIRECTOR WHO RECOMMENDS AN HOURLY RATE TO THE EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE MEETS ANNUALLY TO REVIEW THESE EVALUATIONS AND DISCUSS THE HOURLY RATES. THE COMMITTEE SETS THE HOURLY RATES OF THESE EMPLOYEES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO PUBLIC UPON REQUEST.