2015-09-23T16:06:37-05:00 2014-12-31 453269313 YH ADVISORS INC 7755 CENTER AVENUE SUITE 1225 HUNTINGTON BEACH CA 92647 990 2014-01-01 203436786 THE FENDER MUSIC FOUNDATION FEND 8187068742 PO BOX 67 AGOURA HILLS CA 91376 BRUCE ROSS EXECUTIVE DIRECTOR 8187068742 2015-09-09 1 LAUREN HAVERLOCK P00545829 3109822804 2014 2016-02-25 16:41:14Z BRUCE ROSS PO BOX 67 AGOURA HILLS CA 91376 322644 0 X WWW.FENDERMUSICFOUNDATION.ORG X 2005 CA MUSIC EDUCATION IN THE COMMUNITY 13 13 5 17 0 0 538327 302265 0 0 310 81 26417 18863 565054 321209 227339 137601 0 0 188070 175448 0 0 40533 148186 99180 563595 412229 1459 -91020 663514 565621 0 5442 663514 560179 TO MAKE MUSIC AVAILABLE TO EVERYONE IN THE COMMUNITIES IN WHICH WE SERVE, TO PROMOTE ITS IMPORTANCE THROUGH EDUCATION AND MEDIA INITIATIVES, AND TO PROVIDE FINANCIAL AND IN-KIND RESOURCES IN COLLABORATION WITH OTHER ORGANIZATIONS TO ACHIEVE OUR COMMON GOAL. 0 0 296112 137601 MAKING THE BENEFITS OF MAKING MUSIC AVAILABLE TO EVERYONE IN THE COMMUNITIES IN WHICH WE SERVE, PROMOTING ITS IMPORTANCE THROUGH EDUCATION AND MEDIA INITIATIVES, AND PROVIDING FINANCIAL AND IN-KIND RESOURCES IN COLLABORATION WITH OTHER ORGANIZATIONS TO ACHIEVE OUR COMMON GOAL. FINANCIAL AND EQUIPMENT GRANTS WERE MADE TO VARIOUS SCHOOLS, MUSIC ACADEMIES, SYMPHONIES, AND OTHER PROGRAMS WITH RELATED GOALS. 296112 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 CA AL AK HI NM OH VI WV X LYNN ROBISON 8187068742 PO BOX 67 AGOURA HILLS CA 91376 HAMID HOPKINS CHAIRMAN 6.00 X X 0 0 0 BRUCE ROSS CFO 2.00 X X 0 0 0 LAUREL KAUFMAN SECRETARY 1.00 X X 0 0 0 JEREMY KOFF DIRECTOR 1.00 X 0 0 0 DON LOMBARDI DIRECTOR 1.00 X 0 0 0 CHRIS SHELBURNE DIRECTOR 1.00 X 0 0 0 DEL BRECKENFELD DIRECTOR 1.00 X 0 0 0 SERGIO MILAS DIRECTOR 1.00 X 0 0 0 ANDREW SOKOL DIRECTOR 1.00 X 0 0 0 JANIE HENDRIX DIRECTOR 1.00 X 0 0 0 GINA ATTON-THOMAS DIRECTOR 1.00 X 0 0 0 LARRY THOMAS DIRECTOR 1.00 X 0 0 0 MIKE VENY DIRECTOR 2.00 X 0 0 0 LYNN ROBISON EXECUTIVE DIRECTOR 40.00 X 84135 0 0 84135 0 0 0 0 0 0 0 302265 133616 302265 81 81 20298 1435 18863 18863 321209 0 0 18944 137601 137601 84135 63101 12620 8414 77142 36270 29436 11436 2212 1338 597 277 11959 7235 3229 1495 2748 1788 960 2693 2693 8805 3422 4502 881 9807 2228 7579 8075 5215 2335 525 1354 406 474 474 30825 18220 8616 3989 9719 5880 2624 1215 7701 4659 2079 963 FEES 7012 3935 2617 460 POSTAGE AND FREIGHT 5109 3248 1272 589 OPERATIONAL 4984 1566 1292 2126 STAFF DEVELOPMENT 348 238 110 412229 296112 75584 40533 255321 194320 183344 183399 16574 215328 166183 9521 5145 663514 565621 5442 0 5442 X 663514 560179 663514 560179 663514 565621 -91020 -12315 0 X 0 1 X 1 0 X 117439 453098 664817 538327 302265 2075946 117439 453098 664817 538327 302265 2075946 1272655 803291 205 310 81 596 7260 8712 13084 29056 2105598 131138 0.38150 0.37870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 321209 0 321209 0 321209 412229 0 412229 0 412229 PART X, LINE 2: FMF IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND SECTION 23701(D) OF THE CALIFORNIA STATE REVENUE AND TAXATION CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION APPLIES THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE AND THE STATE OF CALIFORNIA. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2014. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011 1 LUBEC ELEMENTARY SCHOOL 44 SOUTH STREET LUBEC ME 04652 501(C)(3) 7702 CONDITION AND MARKET REVIEW INSTRUMENTS AND ACCESSORIES MUSIC PROGRAMS PS 195 QUEENS NEW YORK 253-50 149TH AVENUE ROSEDAL NY 11422 501(C)(3) 6615 CONDITION AND MARKET REVIEW INSTRUMENTS AND ACCESSORIES MUSIC PROGRAMS 2 0 PART I, LINE 2: 501(C)(3) OR GOVERNMENTAL MUSIC EDUCATION PROGRAMS APPLY TO RECEIVE A GRANT FROM THE FOUNDATION. THEY ARE SELECTED BASED ON THEIR FINANCIAL STABILITY, NEED, RESOURCES, THE QUALITY OF THEIR PROGRAMMING, AND THEIR SUSTAINABILITY. IF SELECTED, AND IF THE ORGANIZATION HAS SUBMITTED THE PROPER DOCUMENTATION CONFIRMING THEIR NONPROFIT OR GOVERNMENTAL STATUS, THE FOUNDATION WILL DONATE MUSICAL INSTRUMENTS AND EQUIPMENT TO THE ORGANIZATION BASED ON THEIR REQUEST. WITHIN 6 MONTHS OF RECEIVING THE GRANT, GRANT RECIPIENTS ARE REQUIRED TO SUBMIT PHOTOS AND ADDITIONAL DESCRIPTIONS OF HOW THE INSTRUMENTS ARE BEING USED, AND THE INSTRUMENTS' EFFECT ON THEIR COMMUNITY. X INSTRUMENTS 4 133616 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS REPORTED IS THE NUMBER OF DONORS OF INSTRUMENTS TO FENDER MUSIC FOUNDATION FORM 990, PART VI, SECTION A, LINE 2 DEL BRECKENFELD HAS A BUSINESS RELATIONSHIP WITH LARRY THOMAS. GINA ATTON-THOMAS AND LARRY THOMAS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR WORKS WITH A CPA FIRM TO COMPLETE THE FORM 990. UPON THE CPA FIRM'S COMPLETION OF THE INITIAL DRAFT, THE EXECUTIVE DIRECTOR REVIEWS IT IN DETAIL. AFTER ANY CHANGES OR CORRECTIONS ARE MADE, THE BOARD OF DIRECTORS RECEIVES THE UPDATED DRAFT FOR REVIEW TO HELP ENSURE THAT ALL REPORTED INFORMATION IS ACCURATE. AFTER THE REVIEW IS COMPLETED AND THE RETURN HAS BEEN FINALIZED, THE ENTIRE BOARD OF DIRECTORS RECEIVES A FINAL COPY OF THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO READ THE CONFLICT OF INTEREST POLICY ANNUALLY AND SIGN OFF ON IT EACH YEAR. CONFLICTS ARE REQUIRED TO BE DISCLOSED TO THE BOARD OF DIRECTORS. THE BOARD VOTES ON ANY ACTIVITIES THAT MAY BE CONSIDERED A CONFLICT OF INTEREST BEFORE THE TRANSACTION TAKES PLACE. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THEY UTILIZE COMPARABLE DATA TO DETERMINE SALARY WITHIN THE PARAMETERS OF THE ORGANIZATION'S BUDGET. THE ORGANIZATION HAS NO OTHER INSIDERS WHO RECEIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND THE ENTITY'S ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST.