2015-05-12T13:23:06-05:00 2014-12-31 470899021 BOND & COMPANY PLC 113 WEST MICHIGAN AVENUE SUITE 301 JACKSON MI 49201 990 2014-01-01 237019029 ALBION COMMUNITY FOUNDATION ALBI 5176293349 203 S SUPERIOR ALBION MI 49224 ELIZABETH SCHULTHEISS EXECUTIVE DIRECTOR 5176293349 2015-05-08 true PATRICK T WALZ P00268149 5177898900 2015-05-12 2014 2016-02-25 16:41:14Z ELIZABETH SCHULTHEISS 203 S SUPERIOR ALBION MI 49224 3710582 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 4 25 0 2076927 640825 0 464199 239645 8201 5757 2549327 886227 828184 230949 0 111757 78135 0 25326 632878 1167670 1572819 1476754 976508 -590527 5661505 5012428 442260 454144 5219245 4558284 STRENGTHEN THE GREATER ALBION AREA BY CULTIVATING COMMUNITY ASSETS TO ENHANCE THE QUALITY OF LIFE. false false 1325064 230949 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 230,000. 1325064 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 6 0 4 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 56954 0 4814 56954 4814 false false false 640825 21256 640825 210519 210519 2853481 2824355 29126 29126 29126 MISCELLANEOUS 900099 5757 5757 5757 886227 34883 210519 230949 230949 61768 38986 22782 10620 10620 5747 4004 1743 8777 8777 26868 26868 471 471 8717 53 8101 563 4846 122 4724 7099 7099 32 32 8891 8891 4499 4499 SPECIAL PROJECTS 1095253 1093908 1107 238 MEMBERSHIPS 2217 2217 1476754 1325064 126364 25326 513351 227183 407187 25000 25000 208402 133920 83373 74482 4607594 4685763 25000 5661505 5012428 4794 2832 20000 419272 428094 18194 3218 442260 454144 X 4939245 4278284 280000 280000 5219245 4558284 5661505 5012428 -590527 -70434 X false true X true false X 237316 428468 698843 566687 268575 2199889 237316 428468 698843 566687 268575 2199889 293513 1906376 106617 96228 95104 116011 210519 624479 2824368 5757 0.67500 0.67920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 9295 12499 428094 true true false true X 4208483 354704 182722 321812 26868 4397229 4037370 452844 151711 418496 14946 4208483 3865710 102716 368408 284149 15615 4037370 4116922 116357 -132572 234997 3865710 3799922 112876 488048 264886 19038 4116922 0.93860 0.06140 false false 5000 5000 183582 115308 68274 19820 18612 1208 74482 GIFT ANNUITY PAYABLE 3218 3218 815793 -70434 -70434 886227 886227 1476754 1476754 1476754 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 13500 YOUTH PROGRAMS ALBION PUBLIC SCHOOLS 1418 COOPER ST ALBION MI 49224 386000759 GOV 16320 EDUCATION FORKS SENIOR CENTER 1418 COOPER ST ALBION MI 49224 203483767 501C3 6119 ELDERLY ASSISTANCE ALBION COLLEGE 611 E PORTER ST ALBION MI 49224 381359081 501C3 10174 EDUCATION CITY OF ALBION 112 CASS STREET ALBION MI 49224 386004655 GOV 112140 COMMUNITY DEVELOPMEN SAPS 600 E MICHIGAN AVE ALBION MI 49224 382872584 501C3 6942 SUBSTANCE ABUSE PROG ALBION INNOVATION 201 N CLINTON ST ALBION MI 49224 455630266 501C3 7500 COMMUNITY DEVELOPMEN 5 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.