2015-06-05T13:14:07-05:00 2014-12-31 BDO USA LLP 200 OTTAWA AVE NW STE 300 GRAND RAPIDS MI 49503 990 2014-01-01 382190667 COMMUNITY FOUNDATION OF GREATER FLINT % MARY ITTIGSON COMM 8107678270 500 S SAGINAW STREET Suite 200 FLINT MI 48502 KATHI HORTON PRESIDENT 8107678270 2015-05-11 true Richard Noreen P00059529 8107678270 2014 2016-02-25 16:41:14Z KATHI HORTON 500 S SAGINAW STREET FLINT MI 48502 21447729 false X WWW.CFGF.ORG X 1988 MI THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS GRANTMAKING TO CHARITABLE IS GRANTMAKING TO CHARITABLE ORGANIZATIONS, DEVELOPMENT OF ENDOWMENT, AND COMMUNITY LEADERSHIP ACTIVITIES. 23 23 15 200 0 0 1435900 1735395 39094 38705 11717934 5998888 -7351 0 13185577 7772988 3973990 3831007 0 0 956581 1084405 0 0 551090 991941 1166851 5922512 6082263 7263065 1690725 144411892 146081425 676138 563942 143735754 145517483 X THE ORGANIZATION SERVES THE COMMON GOOD IN GENESEE COUNTY- BUILDING A STRONG COMMUNITY BY ENGAGING PEOPLE IN PHILANTHROPY AND DEVELOPING THE COMMUNITY'S PERMANENT ENDOWMENT- NOW AND FOR GENERATIONS TO COME. false false 4835146 3831007 38705 The organization receives gifts from individuals, foundations, and organizations and places them into individual funds that match the giving priorities of the donors. The majority of the gifts are endowment gifts which are preserved into perpetuity, with a portion of the cumulative net appreciation returned to the community through grants to area not-for-profit organizations. The organization's current priorities include: Strengthening donor services in order to more effectively build the communitys endowment; making grants consistent with donor intent, and in the case of unrestricted grantmaking, supporting community revitalization efforts and building the capacity of local not-for-profit organizations; and exercising community leadership by assisting efforts related to economic diversification, civic engagement, and developing a stronger sense of regionalism. In everything the organization accomplishes and supports, it seeks to create a more cohesive and vital sense of community throughout Genesee County. In 2014, the organization provided 702 grants. 4835146 true true false false false true false false false true true true false false true true false true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 26 0 true 15 true false true CJ false false false false false false false false false false false X 23 23 false false false false false false false true true false false false true true true true true true true false MI X X MARY ITTIGSON 8107678270 500 S SAGINAW STREET STE 200 FLINT MI 48502 X BOBBY B MUKKAMALA CHAIRPERSON 1.0 0.0 X X 0 0 0 SHANNON M EASTER WHITE VICE-CHAIRPERSON 1.0 0.0 X X 0 0 0 F JAMES CUMMINS TREASURER 1.0 0.0 X X 0 NANCY J HANFLIK SECRETARY 1.0 0.0 X X 0 0 0 STEPHEN ARELLANO TRUSTEE 1.0 0.0 X 0 LAUREN CHWOJNICKI TRUSTEE 1.0 0.0 X 0 0 0 TROY S FARAH TRUSTEE 1.0 0.0 X 0 0 0 WANDA HARDEN TRUSTEE 1.0 0.0 X 0 SONYA LAGORE TRUSTEE 1.0 0.0 X 0 0 0 DAVID E LOSSING TRUSTEE 1.0 0.0 X 0 0 0 HEIDI MCARA TRUSTEE 1.0 0.0 X 0 0 0 PAITYN MILES TRUSTEE 1.0 0.0 X 0 0 0 MARK MILLER TRUSTEE 1.0 0.0 X 0 YEONJUNG PARK TRUSTEE 1.0 0.0 X 0 0 0 MARK PIPER TRUSTEE 1.0 0.0 X 0 0 0 IRA A RUTHERFORD III TRUSTEE 1.0 0.0 X 0 0 0 T ARDELE SHALTZ TRUSTEE 1.0 0.0 X 0 0 0 SHERYL E STEPHENS TRUSTEE 1.0 0.0 X 0 0 0 LORI A TALLMAN TRUSTEE 1.0 0.0 X 0 0 0 DOUGLAS B VANCE TRUSTEE 1.0 0.0 X 0 0 0 KAREN WILLIAMS WEAVER TRUSTEE 1.0 0.0 X 0 0 0 GEORGE WILKINSON TRUSTEE 1.0 0.0 X 0 0 0 STEPHAN WILSON TRUSTEE 1.0 0.0 X 0 0 0 KATHI HORTON PRESIDENT 40.0 1.0 X 166246 0 10066 MARY ITTIGSON VP OF FINANCE & ADMINISTRATION 40.0 1.0 X 111423 0 15270 ANN MARIE VAN DUYNE VP PHILANTHROPIC SERVICES 40.0 0.0 X 103582 0 16660 381251 0 41996 3 false true false COLONIAL CONSULTING LLC 750 THIRD AVENUE 20TH FLOOR NEW YORK NY 10017 INVESTMENT CONSULT 151316 COMMUNITY FIRST LLC 503 SOUTH SAGINAW STREET SUITE 150 FLINT MI 48502 RENT & UTILITIES 108761 2 1735395 27983 1735395 RELATED ORGANIZATION MANAGEMENT FEES 900099 38705 38705 38705 3522522 3522522 0 0 0 0 0 16151107 13674741 2476366 2476366 2476366 0 0 0 0 7772988 38705 5998888 3831007 3831007 0 0 0 303005 70524 173252 59229 0 607789 237257 84534 285998 24903 10041 2706 12156 82597 31640 15998 34959 66111 22612 18108 25391 0 9439 9439 31545 31545 0 0 0 514473 474559 39914 28642 150 28492 56421 1796 44145 10480 85958 25012 28278 32668 0 128070 128070 11270 6734 1785 2751 0 20460 10832 5774 3854 0 0 74270 74270 0 FUND ACTIVITY EXPENSE 96393 96393 DUES AND SUBSCRIPTIONS 59106 15954 33865 9287 DONOR DEVELOPMENT 41565 41565 MISCELLANEOUS 9239 635 4344 4260 6082263 4835146 696027 551090 X 0 0 1133436 1133904 34833 204927 0 0 0 0 0 0 0 0 0 0 54122 52252 744716 453423 355354 291293 76330657 73909427 66503490 70489622 0 0 0 0 0 0 144411892 146081425 158403 97739 372624 239469 0 0 0 0 0 0 0 0 0 0 0 0 145111 226734 676138 563942 X 15697466 15435173 51570477 51326878 76467811 78755432 143735754 145517483 144411892 146081425 X 1690725 155924 -64920 X X false true X true false X 4571814 2525019 1145056 1435900 1735395 11413184 0 0 4571814 2525019 1145056 1435900 1735395 11413184 4593672 6819512 2250877 2823536 3177860 3038535 3522522 14813330 0 0 0 12 36 48 26226562 176648 0.26002 0.27265 X 10% FACTS-AND-CIRCUMSTANCES - 2014 SCHEDULE A, PART II, LINE 17A RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41 232 462063 993871 474786 2712263 4094710 83687458 true true 139731018 1072072 5571732 3709325 58511 1123597 141483389 125144115 693151 18710921 3705935 36712 1074522 139731018 120215133 820645 9289617 3958209 102040 1121031 125144115 117018276 1899697 5868267 3485630 7377 1078100 120215133 107021534 3977221 9948845 3082130 29505 817689 117018276 0.08311 0.55664 0.36024 false false 0 384920 135003 249917 355883 318420 37463 3913 0 3913 291293 30186529 F 40303093 F 70489622 0 DEFERRED GIFTS PAYABLE 139217 457B PLAN PAYABLE 87517 226734 X 7417633 155924 -338671 -182747 7600380 172608 172608 7772988 5712517 5712517 369746 369746 6082263 INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 TERM ENDOWMENT FUNDS ARE NET ASSETS RESULTING FROM CONTRIBUTIONS WHOSE USE BY THE ORGANIZATION IS LIMITED BY DONOR-IMPOSED STIPULATIONS THAT EITHER EXPIRE BY PASSAGE OF TIME OR CAN BE FULFILLED AND REMOVED BY ACTIONS OF THE ORGANIZATION PURSUANT TO THOSE STIPULATIONS. PERMANENT ENDOWMENT FUNDS CONSIST OF RESOURCES OF WHICH THE USE BY THE ORGANIZATION IS LIMITED BY DONOR-IMPOSED RESTRICTIONS WHICH REQUIRE THAT HISTORIC GIFTS MAY NEVER BE SPENT. THE ORGANIZATION'S EARNINGS ON PERMANENTLY RESTRICTED NET ASSETS ARE CLASSIFIED AS TEMPORARILY RESTRICTED UNTIL APPROPRIATED FOR EXPENDITURE BASED ON THE TERMS OF THE ORIGINAL GIFT AGREEMENT, UNLESS AS IN SOME CASES, THE DONOR'S GIFT INSTRUMENT FURTHER REQUIRES THAT ANY APPRECIATION OF THE HISTORIC GIFT VALUE BE PERMANENTLY RESTRICTED. ALL OTHER DESIGNATED ENDOWMENTS HAVE BEEN CLASSIFIED AS UNRESTRICTED, BOARD-DESIGNATED. ACCOUNTING FOR UNCERTAINTY OF INCOME TAXES SCHEDULE D, PART X, LINE 2 THE COMMUNITY FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) OF 1986. THE COMMUNITY FOUNDATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE IRC. THE COMMUNITY FOUNDATION APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD FOR ALL TAX UNCERTAINTIES. ASC TOPIC 740 ONLY ALLOWS THE RECOGNITION OF THOSE TAX BENEFITS THAT HAVE A GREATER THAN FIFTY PERCENT LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. BASED ON ITS EVALUATION, THE COMMUNITY FOUNDATION HAS CONCLUDED THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. OTHER ADJUSTMENTS - RECONCILIATION OF REVENUE SCHEDULE D, PART XI, LINE 2D CHANGE IN SPLIT INTEREST VALUE: -14,572 BANK FEES: -324,099 OTHER ADJUSTMENTS - RECONCILIATION OF REVENUE SCHEDULE D, PART XI, LINE 4B AGENCY FUND REVENUE: 172,608 OTHER ADJUSTMENTS - RECONCILIATION OF EXPENSES SCHEDULE D, PART XII, LINE 4B AGENCY FUND EXPENSES: 45,647 BANK FEES: 324,099 true Argentine Township 9048 Silver Lake Road Linden MI 48451 381810040 170(c)(1) 8100 Operations/Program Bendle Public Schools 3420 Columbine Avenue Burton MI 48529 386001193 170(c)(1) 24700 Operations/Program Big BrothersBig Sisters of Greater Flint 410 East Second Street Flint MI 48503 382259541 501(c)(3) 16300 Operations/Program Boys and Girls Club of Greater Flint PO Box 223 Flint MI 48501 383381808 501(c)(3) 67153 Operations/Program Carman-Ainsworth Community Schools G-3475 West Court Street Flint MI 48532 386001213 170(c)(1) 16784 Operations/Program Carolyn Mawby Chorale 3058 Seymour Road Swartz Creek MI 48473 382847417 501(c)(3) 8500 Operations/Program Carriage Town Ministries PO Box 318 1401 EAST COURT STREET Flint MI 485010318 381443378 501(c)(3) 10000 Operations/Program Catholic Charities of Shiawassee and Genesee Count 901 Chippewa Street Flint MI 48503 381359243 501(c)(3) 5151 Operations/Program Central Michigan University Office of Financial Aid Mt Pleasant MI 48859 386004447 170(c)(1) 8425 Scholarship support Charles Stewart Mott Community College 1401 East Court Street 205 Warriner Flint MI 48503 382673057 501(c)(3) 87920 Operations/Program Christ Enrichment Center Inc 322 East Hamilton Avenue Flint MI 48505 010803184 501(c)(3) 91007 Operations/Program City of Fenton 301 South Leroy Street Fenton MI 48430 386004682 170(c)(1) 200000 CAPITAL PROJECT Clio Area Fire Authority PO Box 24 PO BOX 13443 Clio MI 48420 382487883 170(c)(1) 5640 Operations/Program Court Street United Methodist Church 225 West Court Street Flint MI 485021183 381359197 501(c)(3) 39277 Operations/Program Crim Fitness Foundation Inc 452 South Saginaw Suite 1 Flint MI 48502 382595169 501(c)(3) 32000 Operations/Program Easter Seals - Michigan Inc 2399 East Walton Boulevard Auburn Hills MI 48326 381402860 501(c)(3) 32392 Operations/Program Eastern Michigan University Financial Aid Ypsilanti MI 48197 386005986 170(c)(1) 5800 Scholarship support Education Foundation for the Flint Community Schoo PO Box 13443 403 Pierce Hall Flint MI 48501 261289650 501(c)(3) 15000 Operations/Program Ferris State University Loan Disbursement Office Big Rapids MI 49307 378581221 170(c)(1) 5350 Scholarship support First Presbyterian Church 746 South Saginaw Street 1201 South State Street Flint MI 48502 381359204 501(c)(3) 30000 Operations/Program FISH Inc of Grand Blanc PO Box 367 Grand Blanc MI 48480 412219635 501(c)(3) 6625 Operations/Program Flint Area Congregations Together (FACT) 2415 Bagley Street Flint MI 485044613 562593271 501(c)(3) 19000 Operations/Program Flint Children's Museum 1602 West University Avenue Flint MI 48504 382329711 501(c)(3) 49572 Operations/Program Flint Community Schools 923 East Kearsley Street Flint MI 48503 386001185 170(c)(1) 7459 Operations/Program Flint Cultural Center Corporation 1310 East Kearsley Street Flint MI 48503 386089075 501(c)(3) 729862 Operations/Program Flint Institute of Arts 1120 East Kearsley Street Flint MI 48503 381539984 501(c)(3) 275940 Operations/Program Flint Institute of Music 1025 East Kearsley Street Flint MI 48503 386159482 501(c)(3) 520105 Operations/Program Flint Jewish Federation 619 Wallenberg Street Flint MI 48502 381359257 501(c)(3) 10803 Operations/Program Flint Public Library 1026 East Kearsley Street 3011 WEST GRAND BLVD Flint MI 48503 383522288 170(c)(1) 20996 Operations/Program Flint Rotary Charitable Foundation 2481 Delwood Drive 100 STUDENT SERVICES BUILDING Clio MI 48420 382125941 501(c)(3) 13584 Operations/Program Young Mens Christian Association of Flint 411 East Third Street Flint MI 48503 381358056 501(c)(3) 9000 Operations/Program Food Bank of Eastern Michigan 2300 Lapeer Road Flint MI 48503 382379678 501(c)(3) 11500 Operations/Program Genesee Chamber Foundation 519 South Saginaw Street Suite 200 Flint MI 48502 237420247 501(c)(3) 40480 Operations/Program Genesee County (CARD) 601 North Saginaw Street Suite 1B Flint MI 48502 386004849 170(c)(1) 14136 Operations/Program Genesee County Parks & Recreation Commission 5045 East Stanley Road 1200 Academy Street Flint MI 48506 386004849 170(c)(1) 16327 Operations/Program Genesee Intermediate School District 2413 West Maple Avenue Flint MI 48507 381714600 170(c)(1) 101099 Operations/Program Genesys Health Foundation One Genesys Parkway Grand Blanc MI 484398066 383591148 501(c)(3) 10000 Operations/Program Girl Scouts of Southeastern Michigan 500 Fisher Building Detroit MI 48202 381598947 501(c)(3) 45339 Operations/Program Grand Blanc Parks & Recreation Commission 360 East Grand Blanc Road 3011 West Grand Boulevard Grand Blanc MI 484393310 381956801 170(c)(1) 20000 Operations/Program Grand Valley State University 1 Campus Drive Allendale MI 494019403 381684280 501(c)(3) 5800 Scholarship support Greater Flint Arts Council 816 South Saginaw Street 100 Student Services Building Flint MI 48502 382156116 501(c)(3) 12325 Operations/Program Greater Flint Health Coalition 519 South Saginaw Street Suite 306 Flint MI 48502 383301514 501(c)(3) 40000 Operations/Program Hundred Club of Genesee Shiawassee and Lapeer Cou 6315 Squire Lake Drive Flushing MI 48433 382091735 501(c)(3) 8887 Operations/Program Hurley Foundation One Hurley Plaza Flint MI 48503 383085047 501(c)(3) 47425 Operations/Program Kettering University 1700 University Avenue 7400 BAY ROAD Flint MI 48504 382410852 501(c)(3) 24600 Operations/Program Loose Senior Citizens Center 707 North Bridge Street Linden MI 484519652 383266054 501(c)(3) 5599 Operations/Program Metro Community Development Inc 503 South Saginaw Street Suite 80 Flint MI 48502 383072010 501(c)(3) 20863 Operations/Program Michigan State University Financial Aid Office East Lansing MI 488241113 386005984 170(c)(1) 8300 Scholarship support Motherly Intercession Inc PO Box 311109 252 Student Services Building Flint MI 48531 383571422 501(c)(3) 10500 Operations/Program Oakland University 120 North Foundation Hall Rochester Hills MI 483094401 386078765 501(c)(3) 11000 Scholarship support Olivet Nazarene University One University Avenue Bourbonnais IL 609142271 362191252 501(c)(3) 8000 Scholarship support Planned Parenthood Mid and South Michigan PO Box 3673 Ann Arbor MI 48106 381707521 501(c)(3) 6659 Operations/Program Priority Children 902 East Sixth Street 503 South Saginaw Street Flint MI 48503 383086969 501(c)(3) 25412 Operations/Program Quality Living Systems Management Corporation 2849 Miller Road SUITE B Flint MI 48503 382401686 501(c)(3) 8767 Operations/Program Red Ink Flint 629 South Saginaw Street Flint MI 48502 261940660 501(c)(3) 40246 Operations/Program Resource Genesee 605 North Saginaw Street Suite 2A Flint MI 48502 237355855 501(c)(3) 79689 Operations/Program Salem Housing Community Development Corporation 3216 Martin Luther King Avenue Flint MI 48505 382603951 501(c)(3) 9017 Operations/Program Shelter of Flint Inc 924 Cedar Street Flint MI 48503 382620824 501(c)(3) 5398 Operations/Program St Luke's NEW Life Center 3115 Lawndale Flint MI 48504 300296428 501(c)(3) 17322 Operations/Program St Paul's Episcopal Church 711 South Saginaw Street 2nd Floor Flint MI 48502 381359583 501(c)(3) 10000 Operations/Program Tall Pine Council Boy Scouts of America 507 West Atherton Road Flint MI 48507 381357988 501(c)(3) 7774 Operations/Program Tapology Inc PO Box 5040 Flint MI 48505 061818660 501(c)(3) 8500 Operations/Program The Foundation For Mott Community College 1401 East Court Street Flint MI 48503 382673057 501(c)(3) 7877 Operations/Program The Regents of the University of Michigan C/O University of Michigan-Flint Flint MI 485021950 386006309 170(c)(1) 21000 Operations/Program The Salvation Army 211 West Kearsley Street 303 East Kearsley Street Flint MI 48502 381370971 501(c)(3) 26800 Operations/Program United Way of Genesee County PO Box 949 Flint MI 48501 381359516 501(c)(3) 82398 Operations/Program University of Michigan-Ann Arbor Office of Financial Aid Ann Arbor MI 48109 386006309 170(c)(1) 18391 PROGRAM/SCHOLARSHIP University of Michigan-Flint Office of Development Alumni Rela 515 East Jefferson Suite 2500 Flint MI 48502 386006309 170(c)(1) 199739 PROGRAM/SCHOLARSHIP Uptown Reinvestment Corporation Inc 810 Mott Foundation Building 432 North Saginaw Street Suite 1001 Flint MI 48502 383493359 501(c)(3) 24100 Operations/Program Western Michigan University Student Financial Aid 503 South Saginaw Street Kalamazoo MI 49008 386007327 501(c)(3) 10500 scholarship support Young Life of Genesee County 8445 S Saginaw Street Suite 204 1903 West Michigan Avenue Grand Blanc MI 484392085 840385934 501(c)(3) 48083 Operations/Program YWCA of Greater Flint 310 East Third Street Flint MI 48502 381360597 501(c)(3) 18143 Operations/Program Flint Diaper Bank Inc 5190 Exchange Drive Flint MI 48507 460614120 501(c)(3) 11500 Operations/Program Christmas in Action of Genesee County PO Box 1091 Fenton MI 48430 760846588 501(C)(3) 13000 Operations/Program Universal Kidney Foundation 3089 Tri Park Drive Grand Blanc MI 48439 262595242 501(c)(3) 34300 Operations/Program Hope Network Foundation 3075 Orchard Vista Drive SE Grand Rapids MI 49546 382731395 501(c)(3) 25500 Operations/Program Tuskegee University 1st Floor Carnegie Hall Tuskegee Institute AL 36088 630288878 501(c)(3) 7800 scholarship support 77 0 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS SCHEDULE I, PART I, LINE 2 GRANTEES RECEIVING GRANTS THAT MEET SPECIFIC CRITERIA ARE REQUIRED TO FILE A REPORT REGARDING THE USE OF THE FUNDS. REPORTS MAY BE REQUESTED MORE FREQUENTLY DEPENDING UPON THE SPECIFIC STRUCTURE OF THE GRANT OR PROJECT. X true true X X X X false true false false false false false false false KATHI HORTON PRESIDENT 164160 0 0 0 2086 0 8456 0 1610 0 176312 0 0 0 ADDITIONAL COMPENSATION INFORMATION SCHEDULE J, PART I, LINE 1A THE COMMUNITY FOUNDATION WILL NOT PAY OR REIMBURSE FOR ANY HEALTH OR SOCIAL CLUB DUES OR INITIATION/MEMBERSHIP FEES. SHOULD THE COMMUNITY FOUNDATION HAVE A GOLF COURSE OR OTHER TYPE OF DINING ROOM MEMBERSHIP, IT IS INTENDED TO BE USED FOR BUSINESS RELATED MEETINGS. ANY PERSONAL, NON-BUSINESS RELATED USE OF SUCH DINING MEMBERSHIP MUST BE APPROVED IN ADVANCE BY THE PRESIDENT, AND THE EMPLOYEE MUST REIMBURSE THE COMMUNITY FOUNDATION FOR SUCH USE NO LATER THAN FIVE (5) BUSINESS DAYS AFTER RECEIPT OF THE BILL. THE COMMUNITY FOUNDATION DOES HAVE A DINING MEMBERSHIP AT A GOLF CLUB; HOWEVER, THE MEMBERSHIP IS IN THE PRESIDENT'S NAME DUE TO THE FACT THE GOLF CLUB DOES NOT ALLOW BUSINESSES TO HAVE A MEMBERSHIP. THE POLICY NOTED ABOVE IS FOLLOWED AND CLOSELY MONITORED. PENSION PLAN SCHEDULE J, PART I, LINE 4B THE COMMUNITY FOUNDATION MAINTAINS A 401(K) PLAN WHICH COVERS ALL FULL-TIME EMPLOYEES. EMPLOYER CONTRIBUTIONS TO THE 401(K) PLAN WERE $39,133 IN 2014 AND $39,207 IN 2013. THE COMMUNITY FOUNDATION HAS ALSO ADOPTED A SECTION 457 DEFERRED COMPENSATION PLAN TO ALLOW EMPLOYEES TO MAKE DEFERRALS. X 3 27983 FAIR MARKET VALUE false true false FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS REVIEWED BY THE VP OF FINANCE & ADMINISTRATION AND IS THEN REVIEWED AND APPROVED BY THE PRESIDENT AND AUDIT COMMITTEE ON BEHALF OF THE BOARD OF TRUSTEES. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO ABSTAIN FROM DISCUSSION AND VOTING WHERE CONFLICT EXISTS. PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES FORM 990, PART VI, SECTION B, LINES 15A & 15B INDEPENDENT COMPENSATION STUDY PERFORMED AND PRESENTED TO EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE APPROVES PRESIDENT'S SALARY ANNUALLY. AVAILABILITY OF DOCUMENTS TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19 THE COMMUNITY FOUNDATION MAKES AVAILABLE FOR PUBLIC INSPECTION THE LAST THREE YEARS OF ITS TAX DOCUMENTS, INCLUDING INTERNAL REVENUE SERVICE FORMS 990, 990T (IF APPLICABLE), THE COMMUNITY FOUNDATION'S APPLICATION FOR TAX EXEMPTION, IRS FORM 1023, THE CFGF BYLAWS, THE CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS. IF THE REQUEST FOR ANY OF THESE DOCUMENTS IS MADE IN PERSON, THE REQUESTED DOCUMENTS WILL BE PROVIDED ON THE DAY OF THE REQUEST, IF POSSIBLE. IF THE REQUEST IS IN WRITING (INCLUDING EMAIL), COPIES WILL BE PROVIDED WITHIN 30 DAYS OF THE REQUEST. THE REQUESTOR WILL BE CHARGED A REASONABLE FEE FOR THE COST OF COPYING, PLUS POSTAGE. ADDITIONALLY, THESE DOCUMENTS ARE AVAILABLE ON THE WEBSITE AT WWW.CFGF.ORG. OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 9 AGENCY FUND REVENUE ALLOCATED TO NET UNREALIZED GAIN: -50,348 CHANGE IN SPLIT INTEREST VALUE: -14,572 AUDITED FINANCIAL STATEMENTS FORM 990, PART XII, LINE 2 THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT AS PART OF CONSOLIDATED FINANCIAL STATEMENTS, WHICH WERE REVIEWED AND APPROVED BY AN AUDIT COMMITTEE. FOUNDATION FOR THE FLINT CULTURAL CENTER 500 S SAGINAW ST STE 200 FLINT MI 48502 383573890 SUPPORT ORG MI 509(A)(3) 11A, I NA false COMMUNITY FIRST LLC 503 S SAGINAW ST FLINT MI 48502 205014759 RNTL REAL EST MI NA INVESTMENT -105970 748668 false false 0.50000 false false false false false false false false false false true true false false false false false false true