2015-08-17T14:50:45-05:00 2014-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 1000 CHARLOTTE NC 28204 990 2014-01-01 260706165 GATE CITY COMPANY GATE 3363799100 330 SOUTH GREENE STREET NO 100 GREENSBORO NC 274012659 H WALKER SANDERS ASSISTANT SECRETARY & CEO 3363799100 2015-08-12 1 JANICE A RATICA P00358837 7043771678 2014 2016-04-25 22:37:26Z YOLANDA LEACRAFT 330 SOUTH GREENE STREET NO 100 GREENSBORO NC 274012659 259 0 X N/A X 2007 NC SUPPORTS THE COMMUNITY FOUNDATION OF GRTR GREENSBORO WITH A FOCUS ON NEIGHBORHOOD VITALITY 12 10 0 10 0 0 0 0 0 0 404 259 0 0 404 259 0 78538 0 0 0 0 0 0 0 1402 1350 1402 79888 -998 -79629 79629 0 0 0 79629 0 THIS ORGANIZATION IS A SUPPORTING ORGANIZATION OF COMMUNITY FOUNDATION OF GREATER GREENSBORO. 0 0 78738 78538 DURING 2014, GATE CITY WAS INACTIVE AND REMAINING NET ASSETS WERE TRANSFERRED TO THE COMMUNITY FOUNDATION OF GREATER GREENSBORO, WHICH HAS ESTABLISHED A BOARD ADVISORY COMMITTEE TO RECOMMEND USES OF THE FUNDS CONSISTENT WITH THE MISSION OF GATE CITY COMPANY. 78738 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X JACQUELINE O'CONNELL 3363799100 330 SOUTH GREENE STREET NO 100 GREENSBORO NC 274012659 ELAINE OSTROWSKI DIRECTOR 0.10 1.00 X 0 0 0 JAN MALONE DIRECTOR 0.10 X 0 0 0 DR BENJAMIN UWAKWEH DIRECTOR 0.10 X 0 0 0 ANDREW SCOTT DIRECTOR 0.10 X 0 0 0 SUSAN SCHWARTZ DIRECTOR 0.10 X 0 0 0 EUNICE DUDLEY DIRECTOR 0.10 X 0 0 0 GARY PAUL KANE DIRECTOR 0.10 X 0 0 0 YOLANDA LEACRAFT CHAIR 0.10 X X 0 0 0 CORNELIUS CC LAMBERTH VICE CHAIR 0.10 X X 0 0 0 PAUL GILMER SECRETARY 0.10 X X 0 0 0 H WALKER SANDERS ASSISTANT SECRETARY & CEO 0.10 53.50 X X 0 198337 19908 JACQUELINE O'CONNELL ASSISTANT TREASURER 0.20 51.50 X X 0 126178 17137 0 324515 37045 0 0 1 0 0 259 259 259 0 0 259 78538 78538 200 200 1150 1150 79888 78738 1150 0 79629 79629 0 0 0 X 79629 0 79629 0 79629 0 -79629 0 X 0 1 X 1 0 X X X 1 COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 561380249 7 1 78538 0 1 78538 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X PART X, LINE 2: IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND THE IMPACT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE COMBINED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED DURING 2014 AND 2013. 1 COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 561380249 501(C)(3) 78538 TRANSFER OF NET ASSETS 1 0 PART I, LINE 2: A GRANT WAS MADE TO COMMUNITY FOUNDATION OF GREATER GREENSBORO, OF WHICH THE FILING ORGANIZATION IS A TYPE 1 SUPPORTING ORGANIZATION. 0 0 0 0 0 0 0 0 0 H WALKER SANDERS ASSISTANT SECRETARY & CEO 0 194601 0 0 0 3736 0 13650 0 6258 0 218245 0 0 CASH BALANCE AFTER ALL LIABILITIES PAID 2014-09-30 78538 CASH PAID 561380249 COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 S GREENE STREET SUITE 10 GREENSBORO NC 274012659 501(C)(3) 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 COMMUNITY FOUNDATION OF GREATER GREENSBORO, INC. IS THE SOLE MEMBER OF GATE CITY COMPANY. FORM 990, PART VI, SECTION A, LINE 7A THE COMMUNITY FOUNDATION OF GREATER GREENSBORO BOARD OF DIRECTORS APPOINTS ALL MEMBERS OF THE GATE CITY COMPANY BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE OF COMMUNITY FOUNDATION OF GREATER GREENSBORO, COMPRISED OF ACCOUNTING AND FINANCIAL PROFESSIONALS, WILL REVIEW A DRAFT 990 AND WILL REPORT ANY CONCERNS TO GATE CITY COMPANY'S BOARD. ALL BOARD MEMBERS WILL BE PROVIDED WITH A DRAFT BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS ACKNOWLEDGE, IN WRITING, THEIR ADHERENCE TO THE CONFLICT OF INTEREST POLICY. EACH INDIVIDUAL LISTS SIGNIFICANT CIVIC, FINANCIAL, AND BUSINESS RELATIONSHIPS FOR THEMSELVES AND SPOUSE. THE LIST IS SUMMARIZED, REVIEWED, AND DISCUSSED AS NECESSARY. ANY DUALITY OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY MEMBER OF THE BOARD OF DIRECTORS OR THE STAFF SHALL BE DISCLOSED TO THE OTHER MEMBERS OF THE BOARD AND MADE A MATTER OF RECORD AS SOON AS THE ISSUES IN QUESTION ARE RAISED AND A POSSIBLE CONFLICT IS KNOWN. THAT PERSON SHALL NOT VOTE ON SUCH MATTER AND SHALL NOT ATTEMPT TO EXERT PERSONAL INFLUENCE IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS NO FULL-TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE ORGANIZATION ARE EMPLOYEES OF THE COMMUNITY FOUNDATION OF GREATER GREENSBORO ("CFGG") AND ARE SUBJECT TO COMPENSATION, CLASSIFICATION AND ALL OTHER PERSONNEL POLICIES OF CFGG. CFGG PERIODICALLY REVIEWS ITS CLASSIFICATION AND COMPENSATION STRUCTURE TO ENSURE REASONABLENESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE COMMUNITY FOUNDATION OF GREATER GREENSBORO'S WEBSITE. COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 561380249 COMMUNITY BETTERMENT NC 501(C)(3) LINE 7 N/A 0 STANLEY & DOROTHY FRANK FAMILY FOUNDATION 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 566513308 GRANTS NC 501(C)(3) LINE 11A, I COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 0 COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 562035757 TO ADMINISTER CHARITABLE FUNDS RELATING TO REAL PROPERTY NC 501(C)(3) LINE 11A, I COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 COMMUNITY FOUNDATION OF GREATER GREENSBORO B 78538 CASH PAID