2015-11-16T10:34:29-06:00 2014-12-31 454084437 WARREN AVERETT LLC SIX CONCOURSE PARKWAY STE 600 ATLANTA GA 30328 990 2014-01-01 205652970 COBB COMMUNITY FOUNDATION INC COBB 7709536865 PO BOX 671868 MARIETTA GA 300060032 DALE HUGHES BOARD CHAIR 7709536865 2015-11-16 1 RACHEL M SKYPEK P00966186 7703961100 2015-11-16 2014 2016-04-25 22:37:26Z DALE HUGHES PO BOX 671868 MARIETTA GA 300060032 2576685 0 X WWW.COBBFOUNDATION.ORG X 2005 GA THE FOUNDATION IS A PUBLIC CHARITY FORMED TO BENEFIT THE CITIZENS OF COBB COUNTY, GEORGIA AND TO ACQUIRE, ESTABLISH, RETAIN AND MAINTAIN FUNDS TO BE HELD, INVESTED AND USED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATION PURPOSES, TO FOSTER NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION, TO PREVENT CRUELTY TO CHILDREN OR ANIMALS, TO CONDUCT AND SPONSOR EDUCATIONAL AND INSTRUCTIONAL ACTIVITIES, TO MAKE GRANTS AND AWARDS TO INDIVIDUALS OR ORGANIZATIONS FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, LITERARY OR CULTURAL PURPOSES, AND TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITIES RELATED TO THE FOREGOING WHICH ARE CONSISTENT WITH THE PROVISIONS OF SECTION 501(C)(3) OF THE CODE. 20 20 2 4 0 0 913083 2381166 55300 86644 68631 99425 0 -9192 1037014 2558043 526325 1082867 0 0 125389 129184 0 0 42248 98318 130214 750032 1342265 286982 1215778 4632654 5996414 23307 21702 4609347 5974712 X THE FOUNDATION IS A PUBLIC CHARITY FORMED TO BENEFIT THE CITIZENS OF COBB COUNTY, GEORGIA AND TO ACQUIRE, ESTABLISH, RETAIN AND MAINTAIN FUNDS TO BE HELD, INVESTED AND USED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATION PURPOSES, TO FOSTER NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION, TO PREVENT CRUELTY TO CHILDREN OR ANIMALS, TO CONDUCT AND SPONSOR EDUCATIONAL AND INSTRUCTIONAL ACTIVITIES, TO MAKE GRANTS AND AWARDS TO INDIVIDUALS OR ORGANIZATIONS FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, LITERARY OR CULTURAL PURPOSES, AND TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITIES RELATED TO THE FOREGOING WHICH ARE CONSISTENT WITH THE PROVISIONS OF SECTION 501(C)(3) OF THE CODE. 0 0 1197875 1082867 86644 DISTRIBUTING AMOUNTS TO NON-PROFIT ORGANIZATIONS SERVING IN THE AREAS OF HEALTH, HUMAN SERVICES, EDUCATION, COMMUNITY SERVICE AND THE ARTS. 1197875 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 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 2 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X TOMMY ALLEGOOD 7708592329 240 INTERSTATE NORTH PARKWAY ATLANTA GA 30339 BRUCE CLAYTON BOARD MEMBER 1.00 X 0 0 0 DALE HUGHES VICE CHAIR AND TREASURER 1.00 X X 0 0 0 DAVID S FISHER IMMEDIATE PAST CHAIR 1.00 X 0 0 0 DR JACK KENNEDY BOARD MEMBER 1.00 X 0 0 0 ED HILL BOARD MEMBER 1.00 X 0 0 0 J KEVIN MOORE BOARD MEMBER 1.00 X 0 0 0 JAMES L RHODEN JR FOUNDING CHAIR 1.00 X 0 0 0 JONI HOUSE BOARD MEMBER 1.00 X 0 0 0 KIM GRESH BOARD MEMBER 1.00 X 0 0 0 LESLIE KEHOE BOARD MEMBER 1.00 X 0 0 0 MICHAEL KNOWLES BOARD CHAIR 1.00 X X 0 0 0 MORRIS HENDERSON BOARD MEMBER 1.00 X 0 0 0 ROSE WING BOARD MEMBER 1.00 X 0 0 0 SHARI MARTIN BOARD MEMBER 1.00 X 0 0 0 STEVE IMLER BOARD MEMBER 1.00 X 0 0 0 SUE WYATT BOARD MEMBER 1.00 X 0 0 0 TIMOTHY S SHEEHAN BOARD MEMBER 1.00 X 0 0 0 TOMMY BARROW BOARD MEMBER 1.00 X 0 0 0 RANDY SHRUM BOARD MEMBER 1.00 X 0 0 0 JOHNNY JOHNSON BOARD MEMBER 1.00 X 0 0 0 CHARLIE LEONARD BOARD MEMBER 1.00 X 0 0 0 NANCY COLLIER EXECUTIVE DIRECTOR 30.00 X 28033 0 0 TOMMY ALLEGOOD EXECUTIVE DIRECTOR 40.00 X 90000 0 0 118033 0 0 0 0 0 0 0 67749 2313417 257382 2381166 INVESTMENT FEE INCOME 900099 86644 86644 86644 99425 99425 9450 67749 18642 -9192 -9192 2558043 86644 0 90233 1082867 1082867 118033 47213 33049 37771 1892 1892 9259 9259 6830 6830 110790 62905 47885 3103 3103 675 675 4621 3572 60 989 1063 1063 1058 64 994 OTHER EXPENSES 2074 255 0 1819 1342265 1197875 102142 42248 34752 24895 24699 31590 500 4573203 5939429 4632654 5996414 23307 21702 23307 21702 X 4609347 5858314 16398 100000 4609347 5974712 4632654 5996414 1215778 145517 4070 0 X 0 1 X 1 0 X 544652 642601 1143621 913083 2381166 5625123 544652 642601 1143621 913083 2381166 5625123 1784936 3840187 52707 67356 79539 68631 99425 367658 9450 9450 6002231 222248 0.63980 0.74140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51 26 1846432 444363 641530 441337 2905587 3033842 1 1 1384760 4117 1272479 116398 1288341 67800 186727 147000 11108 1384760 1173560 92589 153206 115033 15981 1288341 1235159 72500 -988 117474 15637 1173560 829667 340711 117624 38724 14119 1235159 0.00000 0.85910 0.14090 0 0 0 X 2154765 145517 28950 18642 193109 1961656 596387 596387 2558043 900635 28950 18642 47592 853043 489222 489222 1342265 PART V, LINE 4: INCOME IS REINVESTED AND REALIZED APPRECIATION AND INCOME ARE AVAILABLE FOR SPENDING SUBJECT TO RESTRICTIONS IMPOSED BY INDIVIDUAL DONORS. UNDER THE SPENDING POLICY, APPROPRIATION OF FUNDS MAY BE MADE ANNUALLY OF AN AMOUNT UP TO 5% PER ANNUM. PERMANENTLY RESTRICTED NET ASSETS AT DECEMBER 31, 2014 RELATE TO CONTRIBUTIONS RECEIVED WHICH ARE SPECIFICALLY RESTRICTED FOR USE AS THE CORPUS IN AN ENDOWMENT FUND TO BENEFIT MUST MINISTRIES, INC. PART X, LINE 2: MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS AS DEFINED BY FASB ASC 740, INCOME TAXES. THE FOUNDATION COULD BE SUBJECT TO INCOME TAX EXAMINATIONS FOR ITS U.S. FEDERAL TAX FILINGS FOR THE CURRENT YEAR AND PREVIOUS FILINGS FOR THE YEARS 2013, 2012 AND 2011 STILL OPEN UNDER THE STATUTE OF LIMITATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSE 18,642. PART XI, LINE 4B - OTHER ADJUSTMENTS: AGENCY/ENDOWMENT CONTRIBUTIONS 444,363. AGENCY/ENDOWMENT UNREALIZED GAINS & LOSSES 92,875. AGENCY/ENDOWMENT DIVIDENDS 59,149. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSE 18,642. PART XII, LINE 4B - OTHER ADJUSTMENTS: AGENCY/ENDOWMENT GRANTS PAID 441,337. AGENCY/ENDOWMENT ADMIN EXPENSE 47,885. PARTNER LUNCHEON 77199 67749 9450 5000 13642 77199 67749 9450 5000 13642 18642 -9192 1 ACWORTH SPECIAL NEEDS DEVELOPMENT GROUP PO BOX 924 ACWORTH GA 30101 208690679 3 36156 GENERAL SUPPORT ATLANTA CENTER FOR REPRODUCTIVE MEDICINE 5909 PEACHTREE DUNWOODY RD NE ATLANTA GA 30328 582373643 3 20500 GENERAL SUPPORT ATLANTA COUNTRY CLUB CHARILIE LUCKEY FUND 500 ATLANTA COUNTRY CLUB DRIVE MARIETTA GA 30067 580940650 7 290756 GENERAL SUPPORT THE ATLANTA OPERA 1575 NORTHSIDE DR NW BLDG 300 ATLANTA GA 30318 581371843 3 17000 GENERAL SUPPORT CHATTAHOOCHEE TECH FOUNDATION INC 980 SOUTH COBB DRIVE MARIETTA GA 30060 581684206 3 20200 GENERAL SUPPORT COBB COMMUNITY FOUNDATION PO BOX 671868 MARIETTA GA 30006 205652970 3 8138 GENERAL SUPPORT COBB ENERGY PERFORMING ARTS CENTRE 2800 COBB GALLERIA PARKWAY ATLANTA GA 30339 201638556 3 50000 GENERAL SUPPORT COBB LANDMARKS AND HISTORICAL SOCIETY 145 DENMEAD ST NE MARIETTA GA 30060 581827362 3 25321 GENERAL SUPPORT COBB SCHOOLS FOUNDATION 514 CLOVER ST MARIETTA GA 30060 582487501 3 8600 GENERAL SUPPORT EMORY UNIVERSITY - RT JONES PROGRAM - BIOMEDICAL CAPITAL 1762 CLIFTON RD SUITE 1400 ATLANTA GA 30322 585660256 3 10333 GENERAL SUPPORT FIRST PRESBYTERIAN CHURCH OF MARIETTA 189 CHURCH ST MARIETTA GA 30060 580610065 3 20000 GENERAL SUPPORT FRIENDS FOR THE EAST COBB PARK PO BOX 6313 MARIETTA GA 30065 582466176 3 34125 GENERAL SUPPORT FRIENDS OF THE STRAND 117 NORTH PARK SQUARE MARIETTA GA 30060 200210688 3 7500 GENERAL SUPPORT GEORGIA BALLET 1255 FIELD PKWY MARIETAT GA 30066 581420599 3 5500 GENERAL SUPPORT GEORGIA METROPOLITAN DANCE THEATER 49 WEST PARK SQUARE MARIETTA GA 30060 581863128 3 5500 GENERAL SUPPORT GEORGIA STATE UNIVERSITY - OFFICE OF STUDENT FINANCIAL AID PO BOX 4040 ATLANTA GA 30302 586002064 3 5700 GENERAL SUPPORT GEORGIA SYMPHONY ORCHESTRA PO BOX 791 MARIETTA GA 30061 237013882 3 7500 GENERAL SUPPORT KENNESAW STATE FOUNDATION 1000 CHASTAIN RD BOX 9101 KENNESAW GA 30144 237034345 3 11000 GENERAL SUPPORT KENNESAW STATE UNIVERSITY 1000 CHASTAIN RD BOX 9101 KENNESAW GA 30144 580965786 3 22634 GENERAL SUPPORT MARIETTA COBB MUSEUM OF ART 30 ATLANTA STREET SE MARIETTA GA 30060 581528144 3 11000 GENERAL SUPPORT MARIETTA KIWANIS FOUNDATION PO BOX 3191 MARIETTA GA 30061 581409116 3 17500 GENERAL SUPPORT MARIETTA MENTORING FOR LEADERSHIP - MARIETTA CITY SCHOOLS 1171 WHITLOCK AVE SW MARIETTA GA 30064 272479043 3 6000 GENERAL SUPPORT MARIETTA MUSEUM OF HISTORY 1 DEPOT STREET SUITE 200 MARIETTA GA 30060 582182508 3 22688 GENERAL SUPPORT METRO ATLANTA YMCA 100 EDGEWOOD AVENUE NE SUITE 100 ATLANTA GA 30303 580566253 3 8750 GENERAL SUPPORT PIEDMONT CHURCH 570 PIEDMONT RD MARIETTA GA 30066 581023411 3 10500 GENERAL SUPPORT SWEETWATER MISSION 6289 VETERANS MEMORIAL HWY BUILDING 12-A AUSTELL GA 30168 581992771 3 15000 GENERAL SUPPORT YWCA OF NW GEORGIA 48 HENDERSON STREET MARIETTA GA 30064 580617782 3 50000 GENERAL SUPPORT UNIVERSITY OF MISSISSIPPI - OFFICE OF FINANCIAL AID PO BOX 1848 UNIVERSITY MS 38677 646001159 3 7500 GENERAL SUPPORT MARIETTA KIWANIS CLUB PO BOX 3191 MARIETTA GA 30061 581409116 3 230484 GENERAL SUPPORT 29 0 PART I, LINE 2: COBB COMMUNITY FOUNDATION REQUIRES BOTH AN INTERIM AND END OF GRANT REPORT FROM GRANTEES TO CONFIRM AMOUNT OF GRANTS EXPENDED TO DATE, ANY CHANGES IN PURPOSE OF GRANT, INFORMATION REGARDING OUTCOMES OF GRANTS AND ANY FUNDS REMAINING FROM GRANT. ADDITIONALLY, FOR LOCAL COBB COUNTY ORGANIZATIONS, THE EXECUTIVE DIRECTOR IS IN FREQUENT CONTACT WITH THESE ORGANIZATIONS AND IS ABLE TO MONITOR THEIR OPERATIONS ON AN ONGOING BASIS. X 10 257382 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR AND THE AUDIT COMMITTEE OF THE BOARD REVIEWS THE DRAFT FORM 990 AND DISCUSS ANY REQUIRED CHANGES WITH THE TAX PREPARER BEFORE THE FORM 990 IS PRINTED FOR FILING AND A COPY OF THE FORM 990 IS EMAILED TO BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVIITES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. PROCEDURES ARE IN PLACE FOR ADDRESSING ANY CONFLICTS OF INTEREST AND VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY REQUIRE THE GOVERNING BOARD TO INFORM A MEMBER SUSPECTED OF A VIOLATION AND IF, AFTER A HEARING OF MEMBERS RESPONSE IT IS DETERMINED THE MEMBER FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE GOVERNING BOARD SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CCF BOARD ESTABLISHES A SEARCH COMMITTEE WHICH PREPARES A FINAL JOB DESCRIPTION, SALARY LEVELS BASED UPON COMPARABLE POSITIONS AT OTHER NON-PROFITS. FOR RESEARCH, THE BOARD UTILIZES THE ANNUAL WAGE & SALARY REPORT FOR NON-PROFITS, AS WELL AS INFORMATION FROM OTHER REAL NON-PROFITS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST.