2014-02-15T09:57:36-06:00 2013-03-31 BDO USA LLP 8405 GREENSBORO DRIVE 7TH FLOOR MCLEAN VA 22102 990 2012-04-01 521799774 THE SUMMIT FUND OF WASHINGTON % DIANE CROCKETT SUMM 2029122900 2100 PENNSYLVANIA AVENUE NW Suite 525 WASHINGTON DC 20037 DIANE CROCKETT 7038930600 2014-02-14 true Jeffrey J Schragg 7038930600 2012 2015-11-30 17:44:51Z LINDA HOWARD 2100 PENNSYLVANIA AVENUE NW WASHINGTON DC 20037 7444018 false X http://www.summitfdn.org/fund/index.html X 1992 DC THE SUMMIT FUND'S MISSION IS TO SUPPORT THE COMMUNITY FOUNDATION FOR THE NATIONAL CAPITAL REGION (CFNCR), A 501(C)(3) ORGANIZATION. 9 8 0 8 175 -1800 10034276 3006492 0 0 1132783 225871 0 0 11167059 3232363 5941729 18270130 0 0 310231 321583 0 0 0 221039 270910 6472999 18862623 4694060 -15630260 36877136 32731596 2590621 12437119 34286515 20294477 X THE SUMMIT FUND OF WASHINGTON IS A SUPPORTING ORGANIZATION OF THE COMMUNITY FOUNDATION FOR THE NATIONAL CAPITAL REGION (CFNCR), A 501(C)(3) ORGANIZATION. THE SUMMIT FUND'S MISSION IS TO SUPPORT CFNCR THROUGH ITS COMMITMENT TO BRING ABOUT TANGIBLE AND MEASURABLE IMPROVEMENT IN THE QUALITY OF LIFE WITHIN THE WASHINGTON DC COMMUNITY. false false 1253010 1099000 0 RESTORING THE ANACOSTIA: SUMMIT'S LONG-TERM GOAL IS TO ENSURE THAT THE ANACOSTIA BECOMES A BIOLOGICALLY PRODUCTIVE, SOCIALLY VIABLE RIVER THAT IS A SOURCE OF PRIDE FOR THE NATIONAL CAPITAL REGION. 1492293 1338283 0 PREVENTING TEEN PREGNANCY: THE LEVEL OF TEEN PREGNANCY IS A KEY INDICATOR OF THE HEALTH OF OUR COMMUNITY AND SUMMIT FUND IS COMMITTED TO ACCELERATING THE DECLINE. 15832847 15832847 0 THE SUMMIT FUND ALSO MAKES GRANTS TO ORGANIZATIONS THAT SUPPORT THE CHARITABLE, CIVIC, AND CULTURAL NEEDS OF THE GREATER WASHINGTON DC REGION. 18578150 true true false false false true false false false false true true false false false 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 0 0 0 false true true GK false false false false false false false false false false false X 9 8 true false true false false true false true true false false true true true true true true false false false X DIANE CROCKETT 2029122900 2100 PENNSYLVANIA AVENUE NW WASHINGTON DC 20037 LINDA HOWARD 40.0 0.0 X X 153417 0 27187 ROGER W SANT 1.0 0.0 X X 0 0 0 VICTORIA P SANT 1.0 0.0 X X 0 0 0 DOUGLAS BIBBY 1.0 0.0 X X 0 0 0 CAROL THOMPSON COLE 1.0 0.0 X 0 0 0 DONALD GRAHAM 1.0 0.0 X 0 0 0 M CHARITO KRUVANT 1.0 0.0 X 0 0 0 DIANE SIMMONS WILLIAMS 1.0 0.0 X 0 0 0 AILEEN B TRAIN 1.0 0.0 X 0 0 0 153417 0 27187 5 false true true 0 3006492 2658567 3006492 0 219884 175 219709 0 0 0 0 0 4217642 4211655 5987 5987 5987 0 0 0 0 3232363 175 225696 18270130 18270130 0 0 0 0 0 255225 162333 92892 25473 16202 9271 15150 15150 25735 17065 8670 30000 30000 3501 3501 0 0 0 82011 82011 39502 29344 10158 0 22455 14282 8173 16180 10291 5889 0 60840 38697 22143 2590 2590 0 664 349 315 0 0 6110 6110 3921 3921 DUES AND MEMBERSHIPS 2886 1717 1169 0 EXCISE TAXES 250 250 18862623 18578150 284473 0 0 0 6587850 4674335 0 0 12038 25600 0 0 0 0 0 0 0 0 29896 14216 28515 6110 0 22405 2624486 6944634 27622866 21050406 0 0 0 0 0 0 36877136 32731596 1126 5403 2589495 12431716 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2590621 12437119 X 34286515 20294477 0 0 0 0 34286515 20294477 36877136 32731596 -15630260 1638222 X false true X true false X X X false false false THE COMMUNITY FOUNDATION FOR THE NATIONAL CAPITAL REGION 237343119 09 true true true 349837 1 349837 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 17658567 15510000 8420082 true true 28515 6110 22405 22405 HEDGE FUNDS 5047441 F ABSOLUTE RETURN 12288758 F DISTRESSED/HIGH YIELD 566534 F PRIVATE EQUITY 1228990 F COMMODITIES AND NATURAL RES. 1918683 F 21050406 0 0 X 74210998 1638222 69340413 70978635 3232363 3232363 101071505 82208882 82208882 18862623 18862623 FIN 48 AUDIT FOOTNOTE FORM 990, SCHEDULE D, PART X, LINE 2 FIN 48 AUDIT FOOTNOTE AS REPORTED IN THE 03/31/2013 AUDITED FINANCIALS STATEMENTS OF THE COMMUNITY FOUNDATION FOR THE NATIONAL CAPITAL REGION ("THE FOUNDATION"): IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ISSUED BY THE FASB, THE FOUNDATION RECOGNIZES TAX LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL NOT BE SUSTAINED UPON EXAMINATION AND SETTLEMENT WITH VARIOUS TAXING AUTHORITIES. LIABILITIES FOR UNCERTAIN TAX POSITIONS ARE MEASURED BASED UPON THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS ENDED MARCH 31, 2009 AND PRIOR. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF THE COMMUNITY FOUNDATION, THE SUMMIT FUND, AND THE STEINBERG FOUNDATION AND HAS CONCLUDED THAT NO MATERIAL UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. OTHER REVENUE AMOUNTS NOT INCLUDED ON RETURN FORM 990, SCHEDULE D, PART XI, LINE 2D REVENUE FROM RELATED ORGANIZATIONS (KRISTIN AND DAVID STEINBERG FOUNDATION AND THE COMMUNITY FOUNDATION FOR THE NATIONAL CAPITAL REGION) 69,340,413 OTHER EXPENSES AMOUNTS NOT INCLUDED ON RETURN FORM 990, SCHEDULE D, PAT XII, LINE 2D EXPENSES FROM RELATED ORGANIZATIONS (KRISTIN AND DAVID STEINBERG FOUNDATION AND THE COMMUNITY FOUNDATION FOR THE NATIONAL CAPITAL REGION) 82,208,882 true Advocates for Youth 2000 M St NW 750 Washington DC 20036 521173590 501c(3) 100000 ORG SUPPORT Alice Ferguson Foundation Inc 2001 BRYAN POINT RD ACCOKEEK MD 20607 520694646 501c(3) 50000 ORG SUPPORT Alzheimer's Disease Research Foundation 535 Smithfield Street Suite 625 Pittsburgh PA 15222 522396428 501c(3) 50000 ORG SUPPORT American Academy of Pediatrics DC CHAPTER PO BOX 6236 Washington DC 20015 521457413 501c(3) 30000 ORG SUPPORT Anacostia Riverkeeper 515 M ST SE STE 218 Washington DC 20003 611574670 501c(3) 30000 ORG SUPPORT Anacostia Watershed Society 4302 BALTIMORE AVE BLADENSBURG MD 20710 521666511 501c(3) 100000 ORG SUPPORT Audubon Naturalist Society 8940 JONES MILL ROAD CHEVY CHASE MD 20815 530233715 501c(3) 65000 ORG SUPPORT Chesapeake Media Service Inc 619 OAKWOOD DRIVE Seven Valleys PA 17360 262359058 501c(3) 15000 ORG SUPPORT Children's Hospital Foundation 111 michigan avenue nw SILVER SPRING MD 20910 521640402 501c(3) 110000 ORG SUPPORT Clean Water Fund 1010 vermont avenue nw suite 400 Washington DC 20005 521043444 501c(3) 60000 ORG SUPPORT Crittenton Services of Greater Washington 815 SILVER SPRING AVE Silver Spring MD 20910 530196511 501c(3) 60000 ORG SUPPORT DC Appleseed Center 1111 14TH STREET NW suite 510 Washington DC 20005 521891162 501c(3) 100000 ORG SUPPORT DC Campaign to Prevent Teen Pregnancy 1112 ELEVENTH ST NW SUITE 100 Washington DC 20001 522157224 501c(3) 105000 ORG SUPPORT DC Wheel Productions IncDance Place 3225 8TH ST NE Washington DC 20017 521118504 501c(3) 20000 ORG SUPPORT District of Columbia College Access Program 1029 VERMONT AVENUE NW SUITE 500 Washington DC 20005 522138835 501c(3) 50000 ORG SUPPORT Earthjustice 1625 MASSACHUSETS AVE NW SUITE 702 Washington DC 20036 941730465 501c(3) 200000 ORG SUPPORT Federal City Council 1156 15TH ST NW SUITE 600 Washington DC 20006 530219643 501c(3) 60000 ORG SUPPORT Global Green USA 1100 15TH STREET NW 11TH FLOOR Washington DC 20005 770387124 501c(3) 40000 ORG SUPPORT Hoffman Institute Foundation 1299 4TH ST 6TH FL San Rafael CA 94901 330627187 501c(3) 10000 ORG SUPPORT International Center for Research on Women 1120 20TH ST NW STE 500 N Washington DC 20036 521081455 501c(3) 50000 ORG SUPPORT Latin American Youth Center 1419 COLUMBIA RD NW Washington DC 20009 521023074 501c(3) 55587 ORG SUPPORT League of Conservation Voters Education Fund 1920 L ST NW SUITE 800 Washington DC 20036 521379661 501c(3) 15000 ORG SUPPORT Mary's Center for Maternal & Child Care Inc 2333 ONTARIO ROAD NW Washington DC 20009 521594116 501c(3) 100000 ORG SUPPORT Men Can Stop Rape 1782 COLUMBIA RD NW STE 200 Washington DC 20009 522007652 501c(3) 50000 ORG SUPPORT Metro TeenAIDS 651 PENNSYLVANIA AVE SE Washington DC 20003 521610088 501c(3) 125000 ORG SUPPORT Metropolitan Washington Council of Governments 777 NORTH CAPITOL ST NW STE 300 Washington DC 20002 526060391 501c(3) 195000 ORG SUPPORT Multicultural Career Intern Program 3101 16TH STREET NW Washington DC 20010 521263933 501c(3) 60000 ORG SUPPORT National Gallery of Art 2000 B SOUTH CLUB DRIVE Landover MD 20785 536001666 501c(3) 4000000 ORG SUPPORT National Wildlife Federation 1110 D WILDLIFE CENTER DRIVE Reston VA 20190 530204616 501c(3) 79000 ORG SUPPORT National Women's Law Center 11 DUPONT CIRCLE NW STE 800 Washington DC 20036 521213010 501c(3) 250000 ORG SUPPORT Natural Resources Defense Council 1152 15TH ST NW SUITE 300 Washington DC 20005 132654926 501c(3) 200000 ORG SUPPORT Pew Charitable Trusts 901 E ST NW Washington DC 20004 562307147 501c(3) 200000 ORG SUPPORT Phillips Collection 1600 21ST ST NW Washington DC 20009 530204620 501c(3) 25000 ORG SUPPORT Planned Parenthood of Metropolitan Washington 1108 16TH ST NW Washington DC 20036 530204621 501c(3) 133086 ORG SUPPORT Population Action International 1300 19TH STREET NW STE 200 Washington DC 20036 520812075 501c(3) 75000 ORG SUPPORT Religious Coalition for Reproductive Choice Educat 1413 K STREET NW 14TH FLOOR Washington DC 20005 521213972 501c(3) 60000 ORG SUPPORT Sargasso Sea Project Inc 1630 CONNECTICUT AVE NW SUITE 300 Washington DC 20009 273229137 501c(3) 100000 ORG SUPPORT Sasha Bruce Youthwork Inc 741 EIGHTH STREE SE Washington DC 20003 521006486 501c(3) 125000 ORG SUPPORT Smithsonian National Museum of Natural History 10 ST CONSTITUTIONAL AVE NW RM Washington DC 20560 530206027 501c(3) 10000000 ORG SUPPORT TAYA Health 1400 SPRING ST STE 200 Silver Spring MD 20912 522257336 501c(3) 41025 ORG SUPPORT The Brookings Institution 1775 MASSACHUSETTS AVE NW Washington DC 20036 530196577 501c(3) 100000 ORG SUPPORT The Community Foundation for the National Capital 1201 15TH ST nw STE 420 Washington DC 20005 237343119 501c(3) 349837 ORG SUPPORT The National Campaign to Prevent Teen and Unplanne 2100 M ST NW STE 300 Washington DC 20037 521974611 501c(3) 100000 ORG SUPPORT The Next Step Public Charter School Inc 3047 15TH STREET NW Washington DC 20009 522103442 501c(3) 40000 ORG SUPPORT The Shakespeare Theatre 516 EIGHTH STREET SW Washington DC 20003 521405988 501c(3) 25000 ORG SUPPORT Unity Health Care Inc 1220 12 ST SE STE 120 Washington DC 20003 521572431 501c(3) 73585 ORG SUPPORT USAgainstAlzheimer's Network 1101 K ST NW STE 400 Washington DC 20005 450672514 501C(3) 10000 ORG SUPPORT Vital Voices Global Partnership Inc 1625 MASSACHUSETTS AVE NW STE 300 Washington DC 20036 522151557 501c(3) 50000 ORG SUPPORT Washington Hospital Center Foundation 110 IRVING ST NW Washington DC 20010 521791670 501c(3) 75000 ORG SUPPORT Washington Regional Association of Grantmakers 1400 16TH ST NW STE 740 Washington DC 20036 521756853 501c(3) 8100 ORG SUPPORT Washington Tennis & Education Foundation 1600 KENNEDY STREET NW Washington DC 20011 526046504 501c(3) 20000 ORG SUPPORT WETA PO BOX 2626 WASHINGTON DC 20013 530242992 501c(3) 150000 ORG SUPPORT Women for Women International 4455 CONNECTICUT AVENUE NW STE 200 Washington DC 20008 521838756 501c(3) 10000 ORG SUPPORT Worldwatch Institute 1776 MASSACHUSETTS AVENUE NW Washington DC 20036 237367468 501c(3) 10000 ORG SUPPORT EARTH CONSERVATION CORPS 2000 half street sw washington DC 20024 521683270 501c(3) 15000 ORG SUPPORT 56 0 MONITORING USE OF GRANT FUNDS FORM 990, SCHEDULE I, PART I, LINE 2 THE USE OF GRANT FUNDS IS MONITORED PRIMARILY THROUGH ON-SITE VISITS OF GRANTEES BY SUMMIT STAFF, AND PROGRAM SPECIFIC REPORTING REQUIREMENTS. SITE VISITS ARE SCHEDULED ONCE DURING THE GRANT PERIOD, OR MORE FREQUENTLY, AS NEEDED. SPECIFIC REPORTING REQUIREMENTS AND DUE DATES ARE INCLUDED IN THE GRANT AWARD LETTER. AN INTERIM AND/OR FINAL NARRATIVE AND FINANCIAL REPORT ARE REQUIRED FOR ALL PROGRAM GRANTS. false false false false false false false false false LINDA HOWARD 153417 0 0 0 0 0 15535 0 11652 0 180604 0 FORM 990, PART VII, LINE 5 COMPENSATION FROM UNRELATED ORGANIZATION LINDA HOWARD RECEIVED BASE SALARY COMPENSATION IN THE AMOUNT OF $153,417, HEALTH BENEFIT PLAN PREMIUMS AND OTHER BENEFITS (NONTAXABLE) IN THE AMOUNT OF $11,652 AND CONTRIBUTIONS TO A RETIREMENT PLAN IN THE AMOUNT OF $15,535 FROM THE UNRELATED ORGANIZATION THE SUMMIT CHARITABLE FOUNDATION, INC. X 122854 2658567 fair market value false true false FAMILY/BUSINESS RELATIONSHIPS FORM 990, PART VI, LINE 2 RELATIONSHIP SCHEDULE: NAME OF OFFICER, DIRECTOR, ETC: ROGER W. SANT NAME OF RELATED ENTITY: VICTORIA P. SANT TITLE OR ROLE: PRESIDENT RELATIONSHIP: WIFE NAME OF OFFICER, DIRECTOR, ETC: VICTORIA P. SANT NAME OF RELATED ENTITY: ROGER W. SANT TITLE OR ROLE: CHAIRMAN OF THE BOARD RELATIONSHIP: HUSBAND OTHER MEMBERS RIGHTS FORM 990, PART VI, LINE 7A The members of the governing board are elected at each annual meeting of the Board of Directors. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11B A DRAFT OF THE FORM 990 IS PROVIDED TO THE SUMMIT FUND BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO FILING. CONFLICTS OF INTEREST FORM 990, PART VI, LINE 12C IN ACCORDANCE WITH SUMMIT FUND'S CONFLICT OF INTEREST POLICY, ALL DIRECTORS AND OFFICERS MUST SUBMIT A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS, DISCLOSING ALL RELATIONSHIPS THAT COULD POTENTIALLY POSE A CONFLICT OF INTEREST. EACH DIRECTOR AND OFFICER IS OBLIGATED TO INFORM SUMMIT FUND AS CHANGES TO THE RELATIONSHIPS OCCUR AND IF ANY CONFLICT ARISES. SHOULD A CONFLICT OF INTEREST ARISE, THE BOARD WILL CONSIDER THE MATERIAL FACTS IN MAKING ITS DECISION ABOUT THE TRANSACTION, AND THE BASIS FOR ITS DECISION IS TO BE DISCLOSED IN THE MINUTES OF THE MEETING. ANY BOARD MEMBER WITH A POTENTIAL CONFLICT OF INTEREST WOULD RECUSE HIM OR HERSELF FROM A VOTE. DETERMINING COMPENSATION FORM 990, PART VI, LINE 15 THE SUMMIT FUND OF WASHINGTON DOES NOT HAVE EMPLOYEES. AVAILABILITY OF OTHER DOCUMENTS FORM 990, PART VI, LINE 19 INFORMATION IS PROVIDED UPON REQUEST. CHANGE IN BYLAWS FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE CHANGED IN 2012 TO CONFORM TO THE NEW DC NONPROFIT CORPORATION ACT AND VARIOUS CHANGES IN BOARD MEMBER RE-ELECTION. THE COMMUNITY FOUNDATION FOR THE NCR 1201 15TH STREET NW SUITE 420 WASHINGTON DC 20005 237343119 GRANTMAKING DC 501(c)(3) 07 NA false false true false false false false false false false false false false false false false false false false