2015-08-17T14:19:13-07:00 2014-12-31 Bement & Company PC 39 E Eagle Ridge Dr Ste 200 North Salt Lake UT 840542550 990 2014-01-01 830308856 COMMUNITY FOUNDATION OF JACKSON HOLE COMM 3077391026 PO BOX 574 JACKSON WY 83001 KAREN COLEMAN VP Finance&Operation 2015-08-17 true KENNETH E BEMENT P00007895 8019361900 2014 2016-04-25 22:37:26Z 53924167 false false X www.cfjacksonhole.org X 1994 WY TO IMPROVE LIVES THROUGH PHILANTHROPIC LEADERSHIP BY PROVIDING SUPERIOR DONOR SERVICES, ENSURING THE SUSTAINABILITY OF THE PHILANTHROPIC COMMUNITY, MAKING GRANTS THAT POSITIVELY IMPACT THE COMMUNITY AND SERVING AS A LEADER, CATALYST AND RESOURCE. 23 23 11 650 0 21119862 18186042 13043 43895 1942020 2666057 220 0 23075145 20895994 14756833 14028592 0 779615 918762 0 103786 868191 1122267 16404639 16069621 6670506 4826373 47442990 50635098 238314 147166 47204676 50487932 X TO IMPROVE LIVES THROUGH PHILANTHROPIC LEADERSHIP BY PROVIDING SUPERIOR DONOR SERVICES, ENSURING THE SUSTAINABILITY OF THE PHILANTHROPIC COMMUNITY, MAKING GRANTS THAT POSITIVELY IMPACT THE COMMUNITY AND SERVING AS A LEADER, CATALYST AND RESOURCE. false false 11059424 9986764 OLD BILL'S FUN RUN / TIN CUP CHALLENGE - SINCE 1997, THE COMMUNITY FOUNDATION HAS PRODUCED OLD BILL'S FUN RUN FOR CHARITIES, A COLLABORATIVE FUNDRAISING OPPORTUNITY IN TETON COUNTY, WY. OVER THE PAST EIGHTEEN YEARS, THE EVENT HAS RAISED OVER $111 MILLION FOR LOCAL NONPROFITS. IN 2014, APPROXIMATELY 3,200 DONORS GAVE $10.4 MILLION (INCLUDING INTERFUND GIFTS) TO BENEFIT 199 ORGANIZATIONS. A SIMILAR EVENT, INITIATED BY OUR AFFILIATE IN TETON COUNTY, ID, RAISED AN ADDITIONAL $1.2 MILLION FROM OVER 900 DONORS TO BENEFIT 44 ORGANIZATIONS IN TETON VALLEY, ID AND ALTA, WY. 3530803 3218368 5826 FUND ADMINISTRATION - THE COMMUNITY FOUNDATION MANAGES OVER 230 FUNDS DESIGNED TO MAKE PHILANTHROPY EASY AND EFFECTIVE FOR LOCAL DONORS AND TO PROVIDE COST EFFECTIVE ASSET MANAGEMENT FOR LOCAL NONPROFITS. IN 2014, THE FOUNDATION RECEIVED APPROXIMATELY 500 GIFTS, TOTALING $8.5 MILLION, FOR THESE FUNDS AND PROCESSED OVER 1,500 GRANTS, TOTALING $5.8 MILLION, FROM OUR DONOR ADVISED, DESIGNATED AND OTHER ADVISED FUNDS INCLUDING INTERFUND GRANTS TO BENEFIT QUALIFIED CHARITIES WORKING IN A VARIETY OF FIELDS THROUGHOUT THE U.S. 1057786 823460 COMPETITIVE GRANTS / SCHOLARSHIPS - THE FOUNDATION'S COMPETITIVE AND MICRO GRANTS PROGRAMS SUPPORT ORGANIZATIONS THAT ADDRESS COMMUNITY NEEDS ON A COMPETITIVE BASIS BASED UPON IMPACT, INNOVATION AND COLLABORATION. OUR SCHOLARSHIP FUNDS HELP DESERVING LOCAL YOUTH PURSUE EDUCATIONAL OPPORTUNITIES. IN 2014, THE GRANTS PROGRAMS PROVIDED MORE THAN $700,000 TO OVER 110 LOCAL ORGANIZATIONS TO ADDRESS IMPORTANT ISSUES IN JACKSON HOLE, AND 40 LOCAL STUDENTS RECEIVED $115,000 IN SCHOLARSHIPS TO PURSUE THEIR EDUCATIONAL DREAMS. THE FOUNDATION ALSO OFFERS A YOUTH PHILANTHROPY PROGRAM TO INTRODUCE HIGH SCHOOL STUDENTS TO PHILANTHROPY AND GRANTMAKING. 78110 6346 15726123 true true false false false true false false false true true false false false false false false true false false true true false false false false false true true true false false false false false false false false false false false true false false false false true true true false false true 20 0 true 11 true false false false false false false false false 0 false false false false false false false false false false X 23 23 true false false false false false false true true false true true true true true true true true true true false X X KAREN COLEMAN 3077391026 245 EAST SIMPSON ST JACKSON HOLE WY 83001 KAREN TERRA CHAIR 4.00 0.00 X 0 0 0 DON OPATRNY Director 1.00 0.00 X 0 0 0 PETE LAWTON VICE CHAIR 2.00 0.00 X 0 0 0 JIM AUGE VICE CHAIR 2.00 0.00 X 0 0 0 CLAY GEITTMANN PAST CHAIR 2.00 0.00 X 0 0 0 SCOTT GIBSON Director 1.00 0.00 X 0 0 0 DAVID CARLIN Director 1.00 0.00 X 0 0 0 DICK COLLISTER Secretary 2.00 0.00 X 0 0 0 BOB KOPP Director 1.00 0.00 X 0 0 0 TIM WATTERS CHAIR CFTV 1.00 0.00 X 0 0 0 BILL HOGLUND Director 1.00 0.00 X 0 0 0 MERCEDES HUFF Director 1.00 0.00 X 0 0 0 CATHY KEHR EXECUTIVE MEMBR 2.00 0.00 X 0 0 0 GRANT LARSON Director 1.00 0.00 X 0 0 0 BRAD MEAD Director 1.00 0.00 X 0 0 0 TOM MULLER Director 1.00 0.00 X 0 0 0 BILL NEWTON EMERITUS 1.00 0.00 X 0 0 0 ERIKA PEARSALL EXECUTIVE MEMBR 2.00 0.00 X 0 0 0 VERONICA SILBERBERG Director 1.00 0.00 X 0 0 0 MARGOT SNOWDON Director 1.00 0.00 X 0 0 0 RICHARD SPENCER Treasurer 2.00 0.00 X 0 0 0 KARLA TESSLER Director 1.00 0.00 X 0 0 0 NOA STARYK Director 1.00 0.00 X 0 0 0 PAUL VOGELHEIM Director 1.00 0.00 X 0 0 0 KATHARINE CONOVER President & CEO 50.00 0.00 X 221431 0 25123 KAREN COLEMAN VP Finance&Ops 50.00 0.00 X 179223 0 27924 400654 53047 2 false true false CAPITAL GROUP PCS 10 SOUTH DEARBORN STREET SUITE 2544 CHICAGO IL 60603 INVESTMENT ADVISOR 202683 1 1074850 17111192 1885136 18186042 PROGRAM/REGISTRATION FEES 43895 43895 43895 1022881 1022881 0 0 0 34671349 33027627 546 1643722 -546 1643176 1643176 0 0 0 0 20895994 1687071 1022881 13735829 13735829 132163 132163 160600 160600 0 453701 381108 49907 22686 0 375340 315286 41287 18767 14255 11974 1568 713 25034 21029 2753 1252 50432 42363 5547 2522 0 0 22902 22902 0 0 282479 239792 29347 13340 100542 54689 45853 140163 115561 24602 77671 65706 8226 3739 56849 47753 6253 2843 0 8189 6879 901 409 9875 8330 1062 483 0 75636 73902 1192 542 0 0 34413 28907 3785 1721 9738 5530 3879 329 PROJECT EXPENSES 206278 206278 SEMINARS/WORKSHOPS PROVIDED 27219 27219 Printing and Publications 17777 17747 21 9 ANNUAL REPORT 13079 13079 39457 27478 2150 9829 16069621 15726123 239712 103786 X 0 1304481 3553970 300000 320000 1625069 825958 0 0 1860000 1890000 0 0 1572479 109637 1494836 1462842 40103913 41825322 407165 407165 0 0 347526 349841 47442990 50635098 180126 147166 58188 238314 147166 X 45044676 48277932 2160000 2210000 47204676 50487932 47442990 50635098 4826373 -1543117 X false true X true false X 14728403 13173975 21899527 21119862 18186042 89107809 0 0 14728403 13173975 21899527 21119862 18186042 89107809 10277041 78830768 655474 667775 739776 715863 1022881 3801769 0 0 92909578 43895 0.84850 0.82600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 120 9 3498002 269801 2296239 214450 24189448 512347 true true 18300085 2495279 484027 397393 203957 20678041 11678124 5427355 1944166 583002 166558 18300085 10115647 747064 1216068 271007 129648 11678124 10865528 474757 -732118 359769 132751 10115647 9475996 611814 1057822 157156 122948 10865528 false false false 600000 600000 872178 54468 817710 100301 55169 45132 1462842 102.52 UNITS EDJ 90515 C 1% INTEREST IN EDJ INVESTMENTS LLC 79650 C 100,000 SHARES OF THETUS STOCK 57000 C 17594908 -1245761 26883 -1218878 18813786 2082208 2082208 20895994 15897761 546 546 15897215 172406 172406 16069621 Part V, Line 4: Intended uses of the endowment fund. PART V LINE 4: DUE TO THE FOUNDATION'S VARIANCE POWER, ALL OF ITS ENDOWMENT FUNDS ARE CLASSIFIED AS BOARD-DESIGNATED. ENDOWMENT FUNDS ARE INTENDED TO PROVIDE GRANTMAKING RESOURCES TO ADDRESS EVOLVING COMMUNITY NEEDS IN PERPETUITY AND TO SUPPORT THE FOUNDATION'S OPERATIONS ON A PERMANENT BASIS. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 DONOR DIRECTED/ADMIN FUND INTEREST/GAINS $150 AGENCY ENDOWMENT / DD ADMIN FEE $26733 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S AGENCY ENDOWMENT / DD CONTRIBUTIONS $1598081 AGENCY ENDOWMENT / DD DIVIDENDS & INTRST $173755 AGENCY ENDOWMENT / DD REALIZED GAIN/LOSS $310918 LOSS ON DISPOSAL OF ASSET $-546 Part XII, Line 2d: Other expenses and losses per audited F/S LOSS ON DISPOSAL OF EQUIPMENT $546 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S AGENCY ENDOWMENT / DD GRANTS $139383 AGENCY ENDOWMENT / DD OTHER EXPENSES $33023 true SUB-SAHARAN AFRICA 0 0 GRANTS 0 NORTH AMERICA 0 0 SCHOLARSHIP 0 EUROPE 0 0 GRANTS 0 EUROPE GENERAL SUPPORT 5000 WIRE TRNSFR SUB-SAHARA AFRI BLDGS & OPER 20000 WIRE TRNSFR SUB-SAHARA AFRI GENERAL SUPPORT 113600 WIRE TRNSFR SUB-SAHARA AFRI GENERAL SUPPORT 20000 WIRE TRNSFR 4 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US PRIOR TO ISSUANCE OF AN INTERNATIONAL GRANT, ELIGIBILITY FOR POTENTIAL GRANTEES IS VERIFIED THROUGH COMPLETION OF A DUE DILIGENCE CHECKLIST THAT INCLUDES THE FOLLOWING: (1) REVIEW OF THE U.S. TREASURY SDN LIST, (2) RECEIPT AND REVIEW OF GRANTEE ORGANIZATIONAL DOCUMENTS AND MOST RECENT FINANCIAL STATEMENTS, AND (3) RECEIPT AND REVIEW OF AN AFFIDAVIT FROM THE GRANTEE REGARDING CHARITABLE STATUS, PAST AND FUTURE ACTIVITIES, DISSOLUTION PROVISIONS AND RESTRICTIONS ON PRIVATE INUREMENT AND POLITICAL ACTIVITY. BASED UPON THE RESULTS OF THE DILIGENCE PROCESS, THE ORGANIZATION IS EITHER DEEMED TO BE SUBSTANTIALLY EQUIVALENT OR EXPENDITURE RESPONSIBIILTY IS EXERCISED. A GRANT CONTRACT PROVIDES FOR SEPARATE ACCOUNTING OF GRANT AWARDS AND THE PROVISION OF GRANT REPORTS. ALL GRANT AWARDS ARE ALSO ACCOMPANIED BY A LETTER THAT STATES "NO GOODS OR SERVICES MAY BE PROVIDED IN EXCHANGE FOR THIS GRANT" AND DETAILS ANY RESTRICTIONS OF THE USE OF GRANT FUNDS. THE USE OF FUNDS IS ALSO MONITORED THROUGH DONOR-ADVISED FUNDHOLDERS' ONGOING RELATIONSHIPS WITH THE GRANTEES. true SEE CONTINUATION SHEET SCH I-1 VARIOUS VARIOUS WY 83001 13596064 0 252 1 STUDENT SCHOLARSHIPS FOR COLLEGES AND UNIVERSITIES 40 114873 SCHOLARSHIPS-PROFSNL CERTIFICATION 2 17290 Grantmaker's Description of How Grants are Used PRIOR TO ISSUANCE OF A GRANT, ELIGIBILITY FOR ALL POTENTIAL DOMESTIC GRANTEES IS VERIFIED THROUGH IRS PUBLICATION 78, GUIDESTAR OR DIRECT CORRESPONDENCE WITH THE GRANTEE TO VERIFY CHARITABLE STATUS. ALL GRANT AWARDS ARE ALSO ACCOMPANIED BY A LETTER THAT STATES "NO GOODS OR SERVICES MAY BE PROVIDED IN EXCHANGE FOR THIS GRANT" AND DETAILS ANY RESTRICTIONS OF THE USE OF GRANT FUNDS. THE USE OF FUNDS FOR ALL DISCRETIONARY GRANTS IS MONITORED THROUGH REGULAR STAFF CONTACT WITH LOCAL GRANTEES AND MANDATORY GRANT REPORTS. GRANT REPORTS ARE DUE WITHIN ONE YEAR OF COMPLETION OF THE GRANT, AND GRANTEES ARE INELIGIBLE TO RECEIVE FUTURE GRANTS SO LONG AS THERE ARE DELINQUENT GRANT REPORTS. THE USE OF GRANTS FROM DONOR ADVISED FUNDS IS TYPICALLY MONITORED THROUGH THE ADVISORS' ONGOING RELATIONSHIP WITH THE GRANTEE. X true true X X X X false false false false false false false false false false KAREN COLEMAN VP Finance&Ops 148000 31223 7313 20611 207147 KATHARINE CONOVER President & CEO 175000 46431 8857 16266 246554 Part I, Line 1a: Relevant information in regards to selections on 1a. X 57 1885136 FMV DAY RECVD X 2 NOMINAL VALUE X 10 NOMINAL VALUE X SUPPLIES/EQUIP 19 NOMINAL VALUE false true false Part I, Line 33, Revenues Not Reported THE FOUNDATION RECEIVEd A LIMITED NUMBER OF CONTRIBUTIONS OF FOOD, SUPPLIES AND EQUIPMENT, AND COLLECTIBLES. AS THE ESTIMATED VALUE OF THESE CONTRIBUTIONS IS NOT MATERIAL TO THE FOUNDATION'S FINANCIAL STATEMENTS, NO CONTRIBUTION REVENUE IS RECORDED. ALL IN-KIND DONORS ARE ISSUED A TAX RECEIPT PURSUANT TO IRS RULES. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICES - IN ADDITION TO FUND ADMINISTRATION, OLD BILL'S FUN RUN, AND COMPETITIVE GRANTS AND SCHOLARSHIPS, THE COMMUNITY FOUNDATION ALSO SUPPORTS LOCAL NONPROFITS BY OFFERING CLASSES ON NONPROFIT MANAGEMENT (E.G. BOARD DEVELOPMENT, GRANT WRITING, SUSTAINABILITY, ETC.), COORDINATING NETWORKING AND INFORMATION SHARING OPPORTUNITIES (E.G. BREAKFAST CLUBS, VOLUNTEERJACKSONHOLE.ORG, AND A NONPROFIT LIST-SERVE) AND PROVIDING TECHNICAL ASSISTANCE AND CONSULTING AS REQUESTED. IN 2014, APPROXIMATELY 220 PARTICIPANTS ATTENDED CLASSES, WORKSHOPS, OR NETWORKING EVENTS OFFERED BY THE FOUNDATION, AND 103 ORGANIZATIONS PARTICIPATED. VOLUNTEER JACKSON HOLE SERVED OVER 600 VOLUNTEERS AND 47 AGENCIES DURING 2014. TWO LIST-SERVES ARE USED BY APPROXIMATELY 1,130 SUBSCRIBERS COLLECTIVELY. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et A LIMITED NUMBER OF UNRELATED CURRENT AND FORMER DIRECTORS HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER, SUCH AS SERVING ON COMMON BOARDS AND HAVING OWNERSHIP INTERESTS IN THE SAME BUSINESS ENTITIES. WITH THE EXCEPTION OF STANDARD BUSINESS ACCOUNTS HELD AT LOCAL BANKS, NONE OF THE ENTITIES THROUGH WHICH THESE DIRECTORS HAVE BUSINESS RELATIONSHIPS ENGAGED IN ANY TRANSACTIONS WITH THE FOUNDATION. Form 990, Part VI, Line 11b: Form 990 Review Process THE FOUNDATION'S VICE PRESIDENT WORKS CLOSELY WITH THE FOUNDATION'S AUDITORS TO PREPARE THE FORM 990 AND REVIEWS THE FINAL DRAFT FOR ACCURACY AND COMPLETENESS. PRIOR TO FILING THE FORM 990, THE VICE PRESIDENT PROVIDES COPIES TO THE DIRECTORS. TO FACILITATE ITS REVIEW, THE VICE PRESIDENT WALKS THROUGH THE FORM 990 FINAL DRAFT AT A BOARD MEETING, HIGHLIGHTING ANY ITEMS OF NOTE OR CHANGES FROM THE PRIOR YEAR AND ADDRESSING ANY QUESTIONS THAT ARISE. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ALL FOUNDATION STAFF, DIRECTORS AND COMMITTEE MEMBERS COMPLETE A CONFLICT OF INTEREST POLICY & DISCLOSURE FORM ANNUALLY. THE FORM INCLUDES A COPY OF THE CONFLICT OF INTEREST POLICY AND FORM FOR DISCLOSING ANY POTENTIAL CONFLICTS. THE FORMS ARE COLLECTED AND REVIEWED BY THE FOUNDATION'S VICE PRESIDENT. POTENTIAL STAFF CONFLICTS MUST BE APPROVED BY THE FOUNDATION'S EXECUTIVE COMMITTEE. BOARD MEMBERS AND COMMITTEE MEMBERS SELF REGULATE AND MONITOR EACH OTHER, ALONG WITH STAFF INPUT. ANY INDIVIDUALS WITH CONFLICT OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN DELIBERATION AND VOTING. INDVIDUALS WITH CONFLICTS RECUSE THEMSELVES WHEN NECESSARY, WITH SUCH ACTION NOTED IN MEETING MINUTES. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE FOUNDATION'S PRESIDENT IS REVIEWED AT LEAST ANNUALLLY BY THE CURRENT BOARD CHAIR. COMPENSATION IS DETERMINED THROUGH REVIEW OF THE COUNCIL ON FOUNDATION'S ANNUAL SALARY SURVEY, THE MOST RECENT NONPROFIT SALARY SURVEY FOR JACKSON HOLE, AND CURRENT KNOWLEDGE OF COMPENSATION LEVELS FOR LEADERS OF OTHER LOCAL NONPROFITS. THE ACHIEVEMENT OF AGREEMENT UPON GOALS FOR THE PRIOR YEAR, BOTH QUANTITATIVE AND QUALITATIVE IN NATURE DRIVEN BY OUR LONG-RANGE PLAN, ARE ALSO TAKEN INTO CONSIDERATION. ANY PERFORMANCE-BASED BONUS FOR THE PRIOR YEAR AND COMPENSATION FOR THE COMING YEAR ARE APPROVED BY THE EXECUTIVE COMMITTEE. ALL BOARD MEMBERS HAVE AN OPPORTUNITY TO REVIEW AND DISCUSS THE EXECUTIVE COMMITTEE'S COMPENSATION RECOMMENDATIONS DURING BOARD MEETING EXECUTIVE SESSIONS. COMPENSATION FOR THE VICE PRESIDENT IS DETERMINED AND APPROVED BY THE PRESIDENT USING A SIMILAR FORMAT. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE FOUNDATION'S FORM 990 IS AVAILABLE UPON REQUEST FROM THE FOUNDATION AND ON GUIDESTAR. ITS AVAILABILITY IS NOTED ON THE FOUNDATION'S WEBSITE AND IN THE ANNUAL REPORT. THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE POSTED ON THE FOUNDATION'S WEBSITE. THE GOVERNING DOCUMENTS, FORM 1023 AND CONFLICT OF INTEREST AND OTHER BOARD APPROVED POLICIES ARE ALSO AVAILABLE UPON REQUEST. COMMUNITY FOUNDATION DONOR DIRECTED FUND PO BOX 574 JACKSON WY 83001 830313321 SUPPORTING ORGANIZATION - GRANT MAKING WY 501(c)(3) 509(a)(3)-I N/A true NEWTON FOUNDATION PO BOX 14670 JACKSON WY 83002 966470560 SUPPORTING ORGANIZATION - GRANT MAKING WY 501(c)(3) 509(a)(3)-III N/A false false false true false false false false false false false false false false true true false false false false COMMUNITY FOUNDATION DONOR DIRECTED FUND c 14850 COST COMMUNITY FOUNDATION DONOR DIRECTED FUND n 70857 COST COMMUNITY FOUNDATION DONOR DIRECTED FUND o 923717 COST NEWTON FOUNDATION c 1060000 COST