2015-11-16T13:48:13-06:00 2014-12-31 351178661 BLUE & CO LLC 106 COMMUNITY DR SEYMOUR IN 47274 990 2014-01-01 611329396 FOUNDATION FOR APPALACHIAN KENTUCKY INC FOUN 6064391357 PO BOX 310 CHAVIES KY 41727 GERRY ROLL EXECUTIVE DIRECTOR 6064391357 2015-11-16 1 KANDY L WISCHMEIER CPA P00118327 8125228416 2015-11-16 2014 2016-04-25 22:37:26Z GERRY ROLL PO BOX 310 CHAVIES KY 41727 1299246 0 X WWW.APPALACHIANKY.ORG X 2002 KY THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO RECEIVE, HOLD, HANDLE, ADMINISTER, INVEST, AND REINVEST MONEY AND PROPERTY OF ALL KINDS RECEIVED BY GIFT, DEVISE, PAYMENTS, BEQUEST, OR APPOINTMENT, IN TRUST OR OTHERWISE, FOR CHARITABLE PURPOSES, PRIMARILY IN, OR FOR THE BENEFIT OF, THE PEOPLE OF SOUTHEASTERN KENTUCKY, INCLUDING FOR SUCH PURPOSES AS -A. TO ASSIST COMMUNITIES AND ORGANIZATIONS IN PROVIDING INNOVATIVE, HIGH-QUALITY PROGRAMS AND SERVICES TO THE RESIDENTS OF SOUTHEASTERN KENTUCKY.B. TO ADMINISTER FOR CHARITABLE PURPOSES PROPERTY DONATED TO THE CORPORATION;C. TO DISTRIBUTE MONEY FOR SUCH PURPOSES IN ACCORDANCE WITH THE TERMS OF GIFTS, BEQUESTS, OR DEVISES TO THE CORPORATION NOT INCONSISTENT WITH ITS PURPOSES, AS SET FORTH IN THESE ARTICLES OF INCORPORATION, OR IN ACCORDANCE WITH DETERMINATIONS MADE BY THE BOARD OF DIRECTORS PURSUANT TO THESE ARTICLES OF INCORPORATION; ANDD. TO DISTRIBUTE PROPERTY TO QUALIFIED CHARITABLE ORGANIZATIONS FOR CHARITABLE PURPOSES. 13 13 3 150 0 0 553967 555286 0 0 82944 79614 -7236 -9625 629675 625275 242052 365397 0 0 142971 148556 0 0 84551 105580 130160 490603 644113 139072 -18838 6018332 6117367 6974 9581 6011358 6107786 X THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO RECEIVE, HOLD, HANDLE, ADMINISTER, INVEST, AND REINVEST MONEY AND PROPERTY OF ALL KINDS RECEIVED BY GIFT, DEVISE, PAYMENTS, BEQUEST, OR APPOINTMENT, IN TRUST OR OTHERWISE, FOR CHARITABLE PURPOSES, PRIMARILY IN, OR FOR THE BENEFIT OF, THE PEOPLE OF SOUTHEASTERN KENTUCKY, INCLUDING FOR SUCH PURPOSES AS -A. TO ASSIST COMMUNITIES AND ORGANIZATIONS IN PROVIDING INNOVATIVE, HIGH-QUALITY PROGRAMS AND SERVICES TO THE RESIDENTS OF SOUTHEASTERN KENTUCKY.B. TO ADMINISTER FOR CHARITABLE PURPOSES PROPERTY DONATED TO THE CORPORATION;C. TO DISTRIBUTE MONEY FOR SUCH PURPOSES IN ACCORDANCE WITH THE TERMS OF GIFTS, BEQUESTS, OR DEVISES TO THE CORPORATION NOT INCONSISTENT WITH ITS PURPOSES, AS SET FORTH IN THESE ARTICLES OF INCORPORATION, OR IN ACCORDANCE WITH DETERMINATIONS MADE BY THE BOARD OF DIRECTORS PURSUANT TO THESE ARTICLES OF INCORPORATION; ANDD. TO DISTRIBUTE PROPERTY TO QUALIFIED CHARITABLE ORGANIZATIONS FOR CHARITABLE PURPOSES. 0 0 478949 365397 DURING THE PAST YEAR, THE FOUNDATION HAS:* CONTINUED TO OPERATE AND ESTABLISH A WELL-GROUNDED, WELL KNOWN AND WELL REGARDED OFFICE AND STAFF IN THE HEART OF THE SOUTHEASTERN KENTUCKY COAL FIELDS* MET NATIONAL STANDARDS FOR US COMMUNITY FOUNDATIONS AS SET FORTH BY THE COMMUNITY FOUNDATIONS NATIONAL STANDARDS BOARD AT THE NATIONAL COUNCIL ON FOUNDATIONS* BUILT AN INITIAL UNRESTRICTED ENDOWMENT OF OVER $1.5 MILLION WITH MORE THAN 1,700 DONORS AND A MAILING LIST OF OVER 2,543 PEOPLE INTERESTED IN CONTRIBUTING TIME, TALENT AND TREASURE TO THEIR COMMUNITY* CREATED LARGE WORKING COALITIONS DOING TANGIBLE WORK IN THE AREAS OF ARTS & CULTURE; HEALTH & WELL-BEING; AND YOUTH LEADERSHIP THAT WE CONTINUE TO FACILITATE AND GROW* MADE GRANTS TO NONPROFIT ORGANIZATIONS IN THE COMMUNITY* SUPPORTED THE COMMUNITY IN RAISING $215,000 FOR THE EAST KY TORNADO RELIEF FUND THE WEEK AFTER THE DISASTER - A TESTAMENT TO THE RELATIONSHIP AND TRUST A LOCAL COMMUNITY FOUNDATION HAS AND OUR ABILITY TO QUICKLY RESPOND TO LOCAL ISSUES WITH LOCAL RESOURCES* DEVELOPED A STRONG BOARD OF DIRECTORS PREPARED TO EMBARK ON AN ENDOWMENT CAMPAIGN TO BUILD OUR ENDOWMENT TO A LEVEL OF SUSTAINABILITY* ESTABLISHED GEOGRAPHIC COMPONENT FUNDS AND LOCAL ADVISORY BOARDS IN 3 ADDITIONAL COMMUNITIES* MAINTAINED NATIONAL STANDARDS FOR US COMMUNITY FOUNDATIONS* ADDED TO THE LOCAL UNRESTRICTED ENDOWMENT FOR PERRY COUNTY AND 17 ENDOWMENT FUNDS FOR LOCAL NONPROFIT ORGANIZATIONS ENGAGED IN HOUSING, EARLY CHILDHOOD EDUCATION, AND OTHER ESSENTIAL COMMUNITY SERVICES* LEVERAGED PHILANTHROPIC FUNDS FROM NATIONAL FOUNDATIONS FOR LOCAL AND REGIONAL ECONOMIC DEVELOPMENT AND FOOD SYSTEMS PROJECTS* FACILITATED INVISION HAZARD, AN ONGOING PARTNERSHIP AMONG LOCAL GOVERNMENT, PRIVATE BUSINESS, AND CITIZENS FOR DOWNTOWN REVITALIZATION IN HAZARD, KYTHE FOUNDATION FOR APPALACHIAN KENTUCKY IS THE FIRST AND ONLY NATIONALLY ACCREDITED COMMUNITY FOUNDATION ESTABLISHED IN SOUTHEASTERN KENTUCKY FOR SOUTHEASTERN KENTUCKY. ACCORDING TO A TRANSFER OF WEALTH STUDY DONE IN 2010, OUR APPALACHIAN COUNTIES ARE LIKELY TO FACE A SIGNIFICANT WEALTH TRANSFER OPPORTUNITY OVER THE NEXT 10-20 YEARS. FOR THIS OPPORTUNITY TO BE REALIZED FOR MAXIMUM ECONOMIC IMPACT IN THE REGION, WORK MUST CONTINUE TO BUILD RESPONSIBLE, TRANSPARENT, ACCOUNTABLE COMMUNITY FOUNDATIONS, ENGAGE POTENTIAL DONORS, CULTIVATE THE CASE FOR GIVING BACK THROUGH TANGIBLE WORK PRODUCTS AND ENGAGE ALL OF OUR COMMUNITIES IN PHILANTHROPIC GIVING FOR THE COMMON GOOD. 478949 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 KY X X THE ORGANIZATION 6064391357 PO BOX 310 CHAVIES KY 41727 ANNIE WILLIAMS SECRETARY 2.00 X X 0 0 0 BILL FIELDS DIRECTOR 1.00 X 0 0 0 CHRIS GOOCH TREASURER 1.00 X X 0 0 0 DANNY MAGGARD PRESIDENT 2.00 X X 0 0 0 DELORIS JUSTICE DIRECTOR 1.00 X 0 0 0 MACK BAKER VICE PRESIDENT 1.00 X X 0 0 0 JOHN PRAY DIRECTOR 1.00 X 0 0 0 JOEL BRASHEAR DIRECTOR 1.00 X 0 0 0 PEGGY VIRES DIRECTOR 1.00 X 0 0 0 SCOTT MCREYNOLDS DIRECTOR 1.00 X 0 0 0 WALLY CORNETT DIRECTOR 1.00 X 0 0 0 JERALD COMBS DIRECTOR 1.00 X 0 0 0 RODNEY CHRISMAN DIRECTOR 1.00 X 0 0 0 GERRY ROLL EXECUTIVE DIRECTOR 40.00 X 50000 0 9366 50000 0 9366 0 0 0 0 0 258738 296548 555286 72957 72957 671003 664346 6657 6657 6657 0 258738 9625 -9625 -9625 625275 0 0 69989 365397 365397 59366 19591 19591 20184 61664 20349 20349 20966 3083 1018 1017 1048 16489 5442 5441 5606 7954 2625 2625 2704 5332 5332 36791 18740 6017 12034 4403 4403 12075 3984 4106 3985 6040 1993 2054 1993 16657 5497 5497 5663 10559 3485 3484 3590 7088 2339 2410 2339 7984 7984 PROGRAM EXPENSES 23126 23126 MISCELLANEOUS 105 31 38 36 644113 478949 80613 84551 202366 330898 139338 253213 30653 47000 42647 32397 14076 10250 1868354 1868894 3763545 3607112 6018332 6117367 2615 2287 4359 7294 6974 9581 X 124816 64753 4203005 4213662 1683537 1829371 6011358 6107786 6018332 6117367 X -18838 21699 93567 X X 0 1 X 1 0 X 77275 1396506 4512689 553963 555286 7095719 77275 1396506 4512689 553963 555286 7095719 5174882 1920837 9548 9350 38442 63449 72957 193746 7289465 0.26350 0.23230 X THE PUBLIC SUPPORT PERCENTAGES FOR THE FOUNDAION OF APPALACHIAN KENTUCKY, INC. (THE FOUNDATION) FOR 2014 AND 2013 ARE 26.35% AND 23.23%, RESPECTIVELY. SINCE THE FOUNDATION'S PUBLIC SUPPORT PERCENTAGE IS LESS THAN 33 1/3 PERCENT FOR THE CURRENT AND PRIOR YEAR, IT FAILS THE MECHANICAL TEST FOR PUBLIC SUPPORT.THEREFORE, THE FOUNDATION MUST PASS THE FACTS AND CIRCUMSTANCES TEST IN ORDER TO MAINTAIN ITS PUBLIC SUPPORT STATUS. THE FOUNDATION DOES PASS THE FACTS AND CIRCUMSTANCES TEST FOR 2014. IN ORDER TO PASS THE FACTS AND CIRCUMSTANCES TEST, THE ORGANIZATION MUST DO THE FOLLOWING:SOURCES OF SUPPORT- THE ORGANIZATION SHOULD SEEK GIFTS AND CONTRIBUTIONS FROM A WIDE BASE OF POTENTIAL DONORS IN THE COMMUNITY THAT IS SERVED. THE FOUNDATION SEEKS CONTRIBUTIONS FROM A VARIETY OF SOURCES, INCLUDING, BUT NOT LIMITED TO INDIVIDUALS WITHIN THE COMMUNITY, BUSINESSES WITHIN THE COMMUNITY, OTHER PUBLICLY SUPPORTED ORGANIZATIONS WITHIN THE COMMUNITY AND OTHER PUBLIC AND PRIVATE FOUNDATIONS WITHIN THE COMMUNITY.REPRESENTATIVE GOVERNING BODY- THE BOARD OF DIRECTORS SHOULD REPRESENT VARIOUS AREAS OF PUBLIC INTEREST IN THE AREAS SERVED. THE FOUNDATION MAINTAINS A DIVERSE BOARD OF DIRECTORS REPRESENTING MANY INTEREST GROUPS WITHIN THE COMMUNITY.AVAILABILITY OF PUBLIC FACILITIES OR SERVICES AND/OR PUBLIC PARTICIPATION IN PROGRAMS- THE ORGANIZATION SHOULD BE ALWAYS OFFERING ITS SERVICES TO DONORS IN PLANNING THEIR GIVING AND EDUCATING THE PUBLIC ABOUT GRANT MAKING OPPORTUNITIES. THE FOUNDATION UNDERTAKES NUMEROUS INITIATIVES THROUGHOUT THE YEAR TO EDUCATE DONORS ON THE OPTIONS AVAILABLE FOR CHARITABLE GIVING AND ALSO EDUCATES AREA ORGANIZATIONS AND SCHOOLS ON THE FUNDS AVAILABLE ANNUALLY FOR DISTRIBUTION FROM THE ORGANIZATION. ALL SERVICES ARE PROVIDED AT NO COST TO THE DONORS OR GRANT RECIPIENTS. IN ADDITION, THE FOUNDATION OFFERS A NUMBER OF FORUMS ON COMMUNITY INTEREST ITEMS THROUGHOUT THE YEAR THAT ARE OPEN TO THE GENERAL PUBLIC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 55 120717 434565 177500 187897 3731475 2376311 1 1 5896542 591575 95960 365397 139886 25761 6053033 5621705 421188 200686 242052 83115 21870 5896542 1550905 4387188 53048 347153 22283 5621705 420876 1230179 -4492 77910 17748 1550905 335337 58420 27119 420876 0.00170 0.30220 0.69610 0 0 14247 10162 4085 28400 22235 6165 10250 INTEREST IN CHARITABLE LEAD ANNUITY TRUST 3607112 3607112 X 782595 21699 12000 119328 153027 629568 5332 -9625 -4293 625275 686167 12000 35386 47386 638781 5332 5332 644113 PART V, LINE 4: TO SUPPORT CHARITABLE PURPOSES OF PERRY COUNTY. PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2014 AND 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS SUCH, THE FOUNDATION IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE FOUNDATION IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX WHICH IS AN INFORMATIONAL RETURN ONLY. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES 25,761. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 93,567. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -9,625. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES 25,761. FUNRAISING EXPENSE 9,625. RUN FOR THE HILLS CHARITY CHALLENGE 258738 258738 401 9224 258738 258738 401 9224 9625 -9625 1 KY INFANT DEVELOPMENT STATION 426 MULBERRY ST HAZARD KY 41701 611317002 501C3 10299 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION KY RIVER REGIONAL ANIMAL SHELTER PO BOX 465 HAZARD KY 41702 611155329 501C3 11360 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION HAZARD PERRY COUNTY COMMUNITY MINISTRIES 151 MISS EDNA LANE HAZARD KY 41701 610899221 501C3 23604 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION CHALLENGER LEARNING CENTER ONE COMMUNITY COLLEGE DR HAZARD KY 41701 311492348 501C3 19007 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION HOUSING DEVELOPMENT ALLIANCE INC 2871 NORTH MAIN ST HAZARD KY 41701 611253346 501C3 18537 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION FRANKLIN ROAD ACADEMY 4700 FRANKLIN ROAD NASHVILLE TN 37220 621138075 501C3 50000 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION HAZARD INDEPENDENT COLLEGE FOUNDATION PO BOX 1052 HAZARD KY 41702 610660686 501C3 6095 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION KY RIVER CHILD ADVOCACY CENTER 465 CEDAR STREET HAZARD KY 41701 611367930 501C3 10961 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION TEACH FOR AMERICA 470 MAIN STREET HAZARD KY 41701 133541913 501C3 6000 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION CAMERON HOSKINS FOUNDATION 727 KY HIGHWAY 28 HAZARD KY 41701 273260839 501C3 11831 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION CLINTON COUNTY SCHOOL DISTRICT PO BOX 635 ALBANY KY 42602 616001236 501C3 10000 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION COAL FOR KIDS PO BOX 71 CHAVIES KY 41727 264480190 501C3 13564 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION UNIVERSITY OF CUMBERLAND 6191 COLLEGE STATION DR WILLIAMSBURG KY 40769 610470593 501C3 10000 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION EASTERN STREAMS COMMUNITY EARLY CHILDHOOD 398 ROY CAMPBELL DR HAZARD KY 41701 610661299 501C3 7000 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION HAZARD PERRY COUNTY SENIOR CITIZENS 354 PERRY PARK RD HAZARD KY 41701 610668023 501C3 5653 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION HAZARD ROTARY FOUNDATION PO BOX 1864 HAZARD KY 41702 462342735 501C3 10106 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION KENTUCKY MOUNTAIN HEALTH ALLIANCE 421 MEMORIAL DR HAZARD KY 41701 611355382 501C3 5338 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION UNIVERSITY OF PIKEVILLE 147 SYCAMORE ST PIKEVILLE KY 41501 610444788 501C3 25000 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 18 PART I, LINE 2: GRANTS THAT ARE PAID OUT ARE PAID THROUGH PASS-THROUGH FUNDS. ALL DOCUMENTATION IS KEPT ON FILE REGARDING ANY GRANTS PAID. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL ACTIVITIES ARE REVIEWED AND BROUGHT BEFORE THE BOARD FOR APPROVAL AND DISAPPROVAL. ANY ACTIVITY THOUGHT TO BE A POSSIBLE CONFLICT IS OR WILL BE BROUGHT TO THE ATTENTION OF THE FOUNDATION LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD SETS THE SALARY AND WAGES FOR ALL EMPLOYEES. SUCH ITEMS ARE DISCUSSED AND VOTED ON AT THE REGULARLY MONTHLY MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY ARE ALL AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 93,567. FORM 990, PART XII, LINE 2C THE PROCEDURES THAT THE AUDIT COMMITTEE TAKES ANNUALLY DID NOT CHANGE DURING THE YEAR.