2015-11-09T08:26:13-07:00 2015-06-30 990 2014-07-01 561330792 COMMUNITY FOUNDATION OF HENDERSON COUNTY INC COMM 8286976224 401 N Main St Ste 300 Hendersonville NC 28792 McCray V Benson President 8286976224 2014-11-01 2014 2016-04-25 22:37:26Z McCray V Benson PO Box 1108 Hendersonville NC 28793 12486969 0 X cfhcforever.org X 1982 NC BUILD, MANAGE AND GRANT CHARITABLE CAPITAL AND SERVE INDIVIDUALS, FAMILY AND COMMUNITY PHILANTHROPY. 16 16 8 80 0 0 1953209 5924928 0 0 2582942 2341078 53764 63599 4589915 8329605 2742380 2630660 0 0 544167 553614 0 0 87151 774885 681257 4061432 3865531 528483 4464074 88978421 90469767 2221291 1982554 86757130 88487213 HELPING PEOPLE WHO CARE MAKE LASTING CONTRIBUTIONS TO CAUSES THAT MATTER, COMMUNITY FOUNDATION OF HENDERSON COUNTY IS A HIGHLY VISIBLE, PHILANTHROPIC LEADER DIRECTED BY AN ENGAGED AND COMMITTED BOARD, STAFFED BY QUALIFIED EMPLOYEES, EMPOWERING DONORS AT ALL LEVELS TO INVEST IN PROFESSIONALLY MANAGED CHARITABLE FUNDS THAT ADDRESS COMMUNITY NEEDS. 0 0 3049573 2630660 0 FOUNDED IN 1982, THE COMMUNITY FOUNDATION OF HENDERSON COUNTY SERVES THE ENTIRE COMMUNITY BY RECEIVING, MANAGING, AND DISTRIBUTING FUNDS FOR CHARITABLE PURPOSES. IN ACCORDANCE WITH THE DONOR'S WISHES, CONTRIBUTIONS MAY BE POOLED AND INVESTED, SO THAT THE INCOME PROVIDES A PERMANENT SOURCE OF GRANT MONIES FOR GENERAL OR SPECIFIC PURPOSES. THE FOUNDATION AWARDS GRANTS THROUGH BOTH COMPETITIVE AND NON-COMPETITIVE PROCESSES WITH THE GREATEST NUMBER OF GRANTS BEING NON-COMPETITIVE, INCLUDING DESIGNATED AND DONOR ADVISED GRANTS. GRANTS WERE AWARDED TO 256 ORGANIZATIONS REPRESENTING A BROAD SPECTRUM OF SERVICES. GRANTS ARE CATEGORIZED INTO EIGHT PROGRAM AREAS: ANIMAL CARE, ARTS AND CULTURE, CIVIC AND COMMUNITY AFFAIRS, CONSERVATION, EDUCATION, HEALTH, HUMAN SERVICES AND OTHER 311700 311700 0 THE FOUNDATION WAS ORIGINALLY FOUNDED WITH FUNDS DESIGNATED FOR SCHOLARSHIP PURPOSES. OVER THE YEARS, THIS AREA OF FOCUS HAS GROWN TO NOW INCLUDE 88 SCHOLARSHIP FUNDS. THE FOUNDATION ADMINISTERS A SCHOLARSHIP PROGRAM THAT EACH YEAR HELPS LOCAL STUDENTS PURSUE THEIR DREAMS AND GOALS AT COLLEGES, UNIVERSITIES, AND TRADE OR TECHNICAL SCHOOLS. IN THE FISCAL YEAR 2014-2015, ACADEMIC AWARDS AND SCHOLARSHIPS WERE AWARDED TO 169 INDIVIDUALS PRIMARILY IN HENDERSON COUNTY, NORTH CAROLINA. THE MAJORITY OF THE FOUNDATION SCHOLARSHIPS ARE BASED ON ACADEMIC ABILITY AND FINANCIAL NEED. HOWEVER, SOME SCHOLARSHIPS HAVE SPECIFIC ELIGIBILITY REQUIREMENTS BASED ON THE DONOR'S CHARITABLE DESIRES. ACTUAL AWARDS VARY DEPENDING UPON THE AVAILABLE INCOME IN EACH INDIVIDUAL SCHOLARSHIP FUND. 0 0 0 3361273 1 1 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 8 1 0 0 0 0 1 1 1 1 0 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X COMMUNITY FOUNDATION OF HENDERSON 8286976224 401 N Main St Ste 300 Hendersonville NC 28792 JOHN BELL JR CHAIR 2 X X 0 0 0 LES BOYD III VICE CHAIR 2 X X 0 0 0 STEVE GREENE TREASURER 2 X X 0 0 0 LAURETTA COOK SECRETARY 2 X X 0 0 0 DAVID MARSHALL ASSISTANT TREASURER 2 X X 0 0 0 RANDOLPH ROMEO PAST CHAIR 2 X X 0 0 0 CINDY CAUSBY DIRECTOR 2 X 0 0 0 TOM DARNALL DIRECTOR 2 X 0 0 0 CHUCK EDWARDS DIRECTOR 2 X 0 0 0 JAIME LAUGHTER DIRECTOR 2 X 0 0 0 SHIRLEY MCGEE DIRECTOR 2 X 0 0 0 KIMBELA MCMINN DIRECTOR 2 X 0 0 0 RON PARTIN DIRECTOR 2 X 0 0 0 CHARLEY ROGERS DIRECTOR 2 X 0 0 0 PAM ROGERS DIRECTOR 2 X 0 0 0 KAYE YOUNGBLOOD DIRECTOR 2 X 0 0 0 MCCRAY BENSON PRESIDENT/CEO 40 X 136912 0 18367 ROGER PRESS FINANCE OFFICER 40 X X 40505 0 1206 RACHEL BUCHANAN SR FINANCE OFFICER 40 X 47370 0 10501 224787 0 30074 1 1 1 0 0 0 0 39277 0 0 5885651 29519 5924928 0 0 0 0 0 1801179 0 0 1801179 0 0 0 0 0 0 0 0 0 0 4683215 0 4143316 0 539899 0 539899 0 0 539899 28785 39277 14048 14737 0 14737 48862 0 0 48862 48862 8329605 0 0 2404677 2363236 2363236 267424 267424 0 0 0 0 202164 101146 78880 22138 0 0 0 0 235306 110345 101687 23274 23233 9521 9889 3823 60250 24691 25644 9915 32661 13385 13902 5374 0 0 0 0 0 0 0 0 24380 0 24380 0 0 0 0 0 0 0 32633 32633 0 0 74040 37020 37020 0 6434 1052 3217 2165 81582 33065 37258 11259 44209 22028 18758 3423 0 0 0 0 18187 5456 12731 0 13689 4107 8213 1369 0 0 0 0 19202 2418 13054 3730 0 0 0 0 0 0 0 0 33550 11471 22079 0 8604 0 8263 341 ANNUITY PAYMENTS 317832 317832 0 0 OTHER EXPENSE 6915 4443 2132 340 3865531 3361273 417107 87151 0 0 4432288 6432546 1255250 1093669 1699 4219 0 0 0 0 0 0 0 0 48019 32049 1178711 633039 579222 545672 76614534 76092649 5659409 5880963 388000 388000 88978421 90469767 23766 34331 265300 311700 0 0 0 0 0 0 0 0 0 0 0 0 1932225 1636523 2221291 1982554 X 2331126 2673596 27515094 21446727 56910910 64366890 86757130 88487213 88978421 90469767 X 4464074 -3102912 0 0 0 368921 X 0 1 X 1 0 X 998375 1866366 3662048 1953209 5885651 14365649 0 0 0 0 0 0 0 0 0 0 0 0 998375 1866366 3662048 1953209 5885651 14365649 5578240 8787409 1765223 1447827 1751034 1611656 1801179 8376919 0 0 0 0 0 0 56270 58225 62955 43809 48862 270121 23012689 0 0.38185 0.4496 X Schedule A, Part II, Line 10 OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 97 0 363092 0 775809 0 15862649 0 1 1 80065222 5592646 2242955 2334244 11471 896451 84658657 68992977 1737523 12217109 2012316 31823 838248 80065222 60904527 3275851 7566623 2005239 10876 737909 68992977 62309478 1671493 -838822 1950332 10876 276414 60904527 52211129 985247 11685459 1990269 10876 571213 62309477 0.12 0.86 0.02 0 0 0 24300 24300 0 848935 475696 373239 0 223494 90863 132631 0 81982 66480 15502 0 0 0 0 545672 0 0 Hedge Funds 5880963 F 5880963 0 ANNUITY PAYMENTS PAYABLE 1636523 1636523 X 5541741 -2904622 0 0 423424 -2481198 8022939 0 306666 306666 8329605 3682002 0 0 0 0 0 3682002 0 183529 183529 3865531 Schedule D, Part V, Line 4 THE PURPOSE OF ENDOWMENTS IS TO PROVIDE A PERMANENT SOURCE OF GRANT MONIES FOR GENERAL OR SPECIFIC PURPOSES. THE FOUNDATION AWARDS GRANTS THROUGH BOTH COMPETITIVE AND NON-COMPETITIVE PROCESS WITH THE GREATEST NUMBER OF GRANTS BEING NON-COMPETITIVE, INCLUDING DESIGNATED AND DONOR ADVISED GRANTS. GRANTS WERE AWARDED TO 256 ORGANIZATIONS REPRESENTING A BROAD SPECTRUM OF SERVICES. GRANTS ARE CATEGORIZED INTO EIGHT PROGRAM AREAS: ANIMAL CARE, ARTS AND CULTURE, CIVIC AND COMMUNITY AFFAIRS, CONSERVATION, EDUCATION, HEALTH, HUMAN SERVICES AND OTHER Schedule D, Part X, Line 2 THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION'S RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 99) FOR THE TAX YEARS ENDED JUNE 30, 2012, 2013, AND 2014 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. Schedule D, Part XI, Line 2d CHANGE IN VALUE OF SPLIT INTEREST TRUST $369,864 ORGANIZATIONAL FUND FEES $53,560 Schedule D, Part XI, Line 4b ORGANIZATIONAL ENDOWMENT RECEIPTS $170,204 ORGANIZATIONAL ENDOWMENT INVESTMENT EARNINGS & REALIZED GAINS $136,462 Schedule D, Part XII, Line 4b ORGANIZATIONAL FUND GRANTS $183,527 VINTAGE CAROLINA 75985 47200 28785 0 0 0 14048 0 0 0 0 75985 47200 28785 0 0 0 14048 0 0 14048 14737 1 All Saints Anglican Church 15 McDowell Rd Mills River NC 287592079 561969028 501(c)(3) 5205 Animal Welfare Alliance PO Box 533 Flat Rock NC 28731 562044580 501(c)(3) 12500 Arts Council of Henderson County PO Box 767 Hendersonville NC 28793 581430933 501(c)(3) 7667 Bat Cave Baptist Church PO Box 247 Bat Cave NC 287100247 561291944 Other 11133 Blue Ridge Community College Educational 180 W Campus Dr Flat Rock NC 287314728 510175113 501(c)(3) 9609 Blue Ridge Community Health Service Inc PO Box 5151 Hendersonville NC 287935151 560794933 501(c)(3) 37802 Blue Ridge Humane Society 1214 Greenville Hwy Hendersonville NC 28792 566048726 501(c)(3) 92166 Boys and Girls Club of Henderson County PO Box 1460 Hendersonville NC 287931460 561803125 501(c)(3) 137382 Carolina Mountain Land Conservancy 847 Case St Hendersonville NC 28792 566449365 501(c)(3) 7077 Central United Methodist Church 27 Church St Asheville NC 28801 205446516 Other 20000 Children and Family Resource Center of Hendersonville PO Box 1105 Hendersonville NC 287931105 562113878 501(c)(3) 38996 Chimney Rock Baptist Church PO Box 157 Lake Lure NC 28746 560752157 Other 10000 Community Foundation of Henderson County PO Box 1108 Hendersonville NC 287931108 561330792 501(c)(3) 67597 Consumer Credit Counseling 50 S French Broad Ave Ste 227 Asheville NC 288013271 561056077 501(c)(3) 20000 East Flat Rock Care Center 103 W Blue Ridge Rd E Flat Rock NC 28726 561942796 501(c)(3) 7000 Eliada Foundation Inc PO Box 16708 Asheville NC 28816 810620535 501(c)(3) 20000 Fairfield Mountain Chapel 1384 Buffalo Creek Rd Lake Lure NC 28746 581494631 Other 55000 First Congregational Church 1735 Fifth Ave W Hendersonville NC 287394013 000000000 Other 5476 First United Methodist Church 204 6th Ave W Hendersonville NC 287394397 262664469 Other 11941 FISH INC PO Box 2411 Hendersonville NC 28793 581969979 501(c)(3) 5395 Flat Rock Playhouse PO Box 310 Flat Rock NC 287310310 560571518 501(c)(3) 39311 Fletcher Academy PO Box 5440 Fletcher NC 287325440 561432644 501(c)(3) 9876 Four Seasons Hospice 571 S Allen Rd Flat Rock NC 28731 561252665 501(c)(3) 13057 Friends of Henderson County Public Library PO Box 2317 Hendersonville NC 28739 566095455 501(c)(3) 78393 Hands On - A Child's Gallery PO Box 481 Hendersonville NC 28793 830397594 501(c)(3) 6300 Henderson County Cancer Service 600 Carolina Village Rd Hendersonville NC 28792 237259362 501(c)(3) 5244 Henderson County Council on Aging Inc 105 King Creek Blvd Hendersonville NC 28784 560936674 501(c)(3) 14917 Henderson County Free Medical Clinic Inc 841 Case St Hendersonville NC 287926503 562212024 501(c)(3) 10305 Henderson County Genealogical and Historic 400 N Main St Hendersonville NC 287924901 561386421 501(c)(3) 5667 Henderson County League of Women Voters 160 Broyles Rd Hendersonville NC 28791 352460090 501(c)(3) 9950 Henderson County Public Library 301 N Washington St Hendersonville NC 287394300 566000307 509(a)(1) 31048 Henderson County Young Leaders Program PO Box 751 Hendersonville NC 28793 260770191 501(c)(3) 17810 Hendersonville Elementary Parent Teacher 1039 Randall Circle Hendersonville NC 28791 311788040 501(c)(3) 15000 Hendersonville Little Theatre PO Box 66 Hendersonville NC 28793 237026989 501(c)(3) 8750 Hendersonville Symphony Orchestra PO Box 1811 Hendersonville NC 287931811 561063207 501(c)(3) 19047 Homeward Bound of Western North Carolina PO Box 1166 Asheville NC 28802 561568917 501(c)(3) 20000 Immaculate Conception Church 208 Seventh Ave W Hendersonville NC 287913602 530196617 501(c)(3) 7844 Interfaith Assistance Ministry PO Box 2562 Hendersonville NC 287932562 581556963 501(c)(3) 129280 Latino Advocacy Coalition 508 N Grove St Hendersonville NC 28792 562267574 501(c)(3) 10664 Mainstay 133 Fifth Ave W Hendersonville NC 287925083 561469847 501(c)(3) 25523 Manna Food Bank 627 Swannanoa River Rd Asheville NC 288052445 581514800 501(c)(3) 50500 Medical Loan Closet of Henderson County 766 N Main St Hendersonville NC 28792 262933780 501(c)(3) 50000 MemoryCare 100 Far Horizons Ln Asheville NC 288032030 562178294 501(c)(3) 5179 Ministry Seven PO Box 1512 Hendersonville NC 287931512 581480173 501(c)(3) 19860 Muddy Sneakers PO Box 146 Brevard NC 28712 260338084 501(c)(3) 10000 National Alliance for Research Schizopr 90 Park Ave FL 16 New York NY 100161301 311020010 501(c)(3) 14365 North Henderson High School 35 Fruitland Rd Hendersonville NC 287928509 000000000 509(a)(1) 6046 Pardee Memorial Hospital Foundation Inc 561 Fleming St Hendersonville NC 28739 561930028 501(c)(3) 290126 Pisgah Legal Services PO Box 2276 Asheville NC 288022276 561191115 501(c)(3) 43523 Rotary Club of Hendersonville NC Charita PO Box 901 Hendersonville NC 287930901 300121180 501(c)(3) 5339 Saint James Episcopal Church 766 North Main St Hendersonville NC 287923612 560682484 Other 46104 Saint John In the Wilderness PO Box 185 Flat Rock NC 287310185 560843429 Other 5283 Saluda Community Land Trust Inc PO Box 732 Saluda NC 28773 208869652 501(c)(3) 5100 Salvation Army of Henderson County PO Box 2387 Hendersonville NC 28793 580660607 501(c)(3) 242429 Shriners Hospitals for Children - Greenv 950 West Faris St Greenville SC 29605 362193608 501(c)(3) 9576 Sixth Ave Psychiatric and Rehab Partner 522 Kanuga Rd Hendersonville NC 287395226 362193608 501(c)(3) 18540 The Flat Rock Park and Recreation Founda PO Box 1288 Flat Rock NC 287311288 611717036 501(c)(3) 45000 The Healing Place Inc PO Box 2461 Hendersonville NC 287932461 561667721 501(c)(3) 5398 The Mediation Center 101 South Grove St Hendersonville NC 287925050 561424025 501(c)(3) 11000 The Mountain Community School 613 Glover St Hendersonville NC 28792 562097916 501(c)(3) 11197 Unitarian Universalist Fellowship 409 E Patterson St Hendersonville NC 28739 562001581 501(c)(3) 9500 United Way of Henderson County PO Box 487 Hendersonville NC 287930487 560890133 501(c)(3) 76820 United Way of Transylvania County PO Box 53 Brevard NC 287120053 237145022 501(c)(3) 14811 Vocational Solutions of Henderson County 2110 Spartanburg Hwy East Flat Rock NC 28726 560897854 501(c)(3) 44941 Wake Forest Baptist Medical Center Medical Center Blvd Winston Salem NC 27157 223849199 501(c)(3) 13544 Western Carolina Community Action PO Box 685 Hendersonville NC 287930685 560846319 501(c)(3) 20000 Women AdvaNCe 2912 Highwoods Blvd Ste 204 Raleigh NC 27604 461039677 501(c)(3) 10000 245 1 SCHOLARSHIPS 192 267424 0 0 0 Schedule I, Part I, Line 2 THE FOUNDATION AWARDS GRANTS THROUGH BOTH COMPETITIVE AND NON-COMPETITIVE PROCESS WITH THE GREATES NUMBER OF GRANTS BEING NON-COMPETITIVE, INCLUDING DESIGNATED AND DONOR ADVISED GRANTS. GRANTS WERE AWARDED TO 246 ORGANIZATIONS REPRESENTING A BROAD SPECTRUM OF SERVICES. GRANTS ARE CATEGORIZED INTO EIGHT PROGRAM AREAS: ANIMAL CARE, ARTS AND CULTURE, CIVIC AND COMMUNITY AFFAIRS, CONSERVATION, EDUCATION, HEALTH, HUMAN SERVICES AND OTHER PHILANTHROPIC INTERESTS. THE FOUNDATION STRIVES TO CONNECT THOSE WHO HAVE PHILANTHROPIC RESOURCES TO THE ORGANIZATIONS AND CAUSES THAT MEET DONORS' CHARITABLE INTERESTS. X X 0 0 0 0 0 0 0 0 0 MCCRAY BENSON PRESIDENT/CEO 132519 0 0 0 0 0 18367 0 136912 0 287798 0 0 X 8 27855 FMV X 4 1664 FMV 0 0 1 0 Schedule M, Part I, Line 9 REFLECTS TOTAL NUMBER OF SEPARATE CONTRIBUTORS. IN SOME INSTANCES, A SINGLE CONTRIBUTOR DONATED STOCK ON MORE THAN ONE OCCASION DURING THE YEAR. Form 990, Part VI, Section A, Line 2 PAM ROGERS BOARD MEMBER AND CHARLEY ROGERS BOARD MEMBER FAMILY RELATIONSHIP LES BOYD BOARD MEMBER AND STEVE GREENE TREASURER FAMILY RELATIONSHIP Form 990, Part VI, Section A, Line 8b THE EXECUTIVE COMMITTEE OF THE BOARD CONSISTS OF THE OFFICERS OF THE ORGANIZATION AND PRESIDENT/CEO WHO SERVES AS A NON-VOTING MEMBER. THE COMMITTEE HAS THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE ORGANIZATION BETWEEN MEETINGS OF THE BOARD OF DIRECTORS SUBJECT TO ANY LIMITATIONS IMPOSED BY THE BOARD BY THE BYLAWS OR BY LAW. THE COMMITTEE KEEPS MINUTES OF ITS PROCEEDINGS AND REPORTS TO THE BOARD OF DIRECTORS ON ACTION TAKEN. MINUTES OF MEETINGS OF THE EXECUTIVE COMMITTEE ARE PREPARED AND KEPT WITH THE RECORDS OF THE ORGANIZATION. NO COMMITTEES OF THE BOARD, INCLUDING THE EXECUTIVE COMMITTEE, SHALL BE AUTHORIZED TO TAKE THE FOLLOWING ACTIONS: AUTHORIZE DISTRIBUTIONS, DISSOLVE, MERGE, SELL, PLEDGE OR TRANSFER THE CORPORATION'S ASSETS EXCEPT WITHIN THE GUIDELINES PREVIOUSLY APPROVED BY THE BOARD OF DIRECTORS, ELECT, APPOINT, OR REMOVE DIRECTORS OR FILL VACANCIES ON THE BOARD OF DIRECTORS OR ANY OF ITS COMMITTEES, OR ADOPT, AMEND, OR REPEAL THE ARTICLES OF THE CORPORATION OR THE BYLAWS CORPORATION. Form 990, Part VI, Section B, Line 11b THE RETURN WAS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BODY AT A SCHEDULED BOARD MEETING, WHERE THE RETURN WAS PRESENTED AND DISCUSSED BEFORE FILING WITH THE IRS. Form 990, Part VI, Section B, Line 12c AT THE FIRST MEETING OF EACH FISCAL YEAR, EACH MEMBER OF THE BOARD OF DIRECTORS IS REQURED TO COMPLETE AND SIGN A CONFLICT OF INTEREST FORM, INCLUDING REQUESTS FOR SELF-DISCLOSURE DURING FUTURE VOTES AND ACTIONS. Form 990, Part VI, Section B, Line 15 THE PRIMARY SOURCE FOR COMPARABILITY DATA IS THE "GRANTMAKER'S SALARY AND BENEFITS REPORT" PUBLISHED BY THE COUNCIL ON FOUNDATIONS. Form 990, Part VI, Section C, Line 19 ALL GOVERNING DOCUMENTS ARE MAINTAINED ON FILE AND MADE AVAILABLE UPON REQUEST. FINANCIAL AUDIT RESULTS ARE PUBLISHED ON THE ORGANIZATION'S WEBSITE AND ARE MAINTAINED ON FILE. Form 990, Part XI, Line 9 CHANGE IN VALUE OF SPLIT INTEREST TRUST $368,921