2014-10-10T11:18:31-07:00 2013-12-31 Honegger Ringger & Co Inc 1905 N Main Street Bluffton IN 46714 990 2013-01-01 356042815 WELLS COUNTY FOUNDATION INC WELL 2608248620 360 N MAIN ST SUITE C BLUFFTON IN 46714 TAMMY SLATER Executive Director 2014-10-10 true Brad H Johnson CPA P00388321 2608244107 2013 2015-11-30 17:44:51Z 12189897 false false X www.wellscountyfound.org X 1957 IN CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. 16 15 3 46 0 174822 1638377 0 916496 1257518 27123 90500 1118441 2986395 425742 451674 0 118272 120852 0 94311 140160 140798 684174 713324 434267 2273071 15899163 19768368 943642 1065618 14955521 18702750 CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. false false 276285 256370 PROVIDE BENEFITS AND DEVELOPMENT OF THE WELLS COUNTY COMMUNITY BY PROVIDING PROGRAM/PROJECT FUNDING FOR QUALIFIED CHARITABLE ORGANIZATIONS PURSUANT TO THE PURPOSE OF DONOR INTENTIONS AND BY FUNDING PROGRAMS OR PROJECTS THAT IMPROVE THE COMMUNITY. 217769 195304 AWARD SCHOLARSHIPS TO WELLS COUNTY RESIDENTS TO ASSIST IN PURSUING POST-SECONDARY EDUCATION. 78 STUDENTS RECEIVED SCHOLARSHIPS IN 2013. 494054 true true false false false true false false false true true false false true true false true false false false false false false false false false false true true false false false false false false false false true false false false true false false false false false false false false false true 3 0 false 3 true false false false false false false false false 0 false false false false false false false false false false X 16 15 false false false false false false false true true false false true true true true true true true true false X X JILL WORDEN 2608248620 360 N MAIN ST SUITE C BLUFFTON IN 46714 X GREG ROEMBKE Director 0.00 0.00 X 0 0 0 TRENT BUCHER Treasurer 0.00 0.00 X X 0 0 0 ADAM HARDER Director 0.00 0.00 X 0 0 0 AMY GREINER Director 0.00 0.00 X 0 0 0 CHUCK KING Director 0.00 0.00 X 0 0 0 PAT TRANT Director 0.00 0.00 X 0 0 0 JEREMY TODD Director 0.00 0.00 X 0 0 0 BARBARA BARBIERI DIRECTOR 0.00 0.00 X 0 0 0 ALAN GUNKEL Director 0.00 0.00 X 0 0 0 TIM BABCOCK Director 0.00 0.00 X 0 0 0 RICK SINGER Secretary 0.00 0.00 X X 0 0 0 OLIVIA REEVES Director 0.00 0.00 X 0 0 0 TED ELLIS Director 0.00 0.00 X 0 0 0 KIM GENTIS President 0.00 0.00 X X 0 0 0 DEREK MYERS Director 0.00 0.00 X 0 0 0 LAURA GENTIS Vice President 0.00 0.00 X X 0 0 0 TAMMY SLATER EXEC DIRECTOR 40.00 0.00 X 54590 0 0 54590 0 false false false 0 1638377 327787 1638377 0 356005 356005 0 0 13077 1449 11628 11628 11628 10103566 9202053 901513 901513 901513 0 0 0 CHANGE IN REMAINDER TRUST 71243 71243 OPERATING FEES 7629 7629 78872 2986395 992013 356005 256370 256370 195304 195304 0 0 54590 18197 18197 18196 0 57674 18803 28837 10034 0 0 8588 2830 3598 2160 0 350 350 30670 30670 0 0 0 0 0 4781 4781 0 0 18988 18988 220 220 0 0 0 0 5094 5094 2940 2940 AMORTIZATION 47867 47867 DONOR DEVELOPMENT 16054 16054 Equipment Rental & Maintanence 7687 7687 ADMINISTRATION FEES 2550 2550 3597 3597 713324 494054 124959 94311 3500 125 727754 852054 1190000 0 0 0 0 0 1075 1075 57027 43090 18542 13937 14355178 16555889 0 0 0 793114 1155288 15899163 19768368 5880 6256 87723 76379 850039 982983 943642 1065618 X 1356307 1613435 4032345 5893584 9566869 11195731 14955521 18702750 15899163 19768368 2273071 1474158 X false true X true false X 140305 78791 102389 149403 138876 609764 0 0 140305 78791 102389 149403 138876 609764 0 609764 207078 208169 193873 234310 328206 1171636 0 766 450 420 12681 14317 1795717 0.33960 0.30040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11 450 42414 594082 true true 11974135 1557619 2204693 224646 127584 15384217 10961192 62294 1260805 195044 115112 11974135 11339843 467326 -516920 208313 120744 10961192 9970765 24095 1586213 133066 108164 11339843 261482 2111883 63650 92939 9970765 9970765 0.00730 0.72770 0.26500 false false false 57027 43090 13937 13937 ACCRUED INTEREST INCOME 21028 BENEFICIAL INTEREST IN REMAINDER TRUST 579835 BEQUEST RECEIVABLE DEPOSITS 300 FARM LAND INVESTMENT 554125 1155288 AGENCY LIABILITIES 872265 ANNUITY LIABILITY 39667 CUSTODIAL LIABILITIES 71051 982983 4460553 1474158 1474158 2986395 2986395 713324 713324 713324 Part V, Line 4: Intended uses of the endowment fund. THE FOUNDATION HOLDS SEVERAL ENDOWED FUNDS THAT WERE CREATED BY DONORS OR SET ASIDE BY THE FOUNDATION TO INVEST AND CREATE INCOME AVAILABLE TO BE SPENT ON ENHANCING THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. THE ENDOWED FUND BALANCES ARE NOT INTENDED TO BE SPENT BY THE FOUNDATION. SOME FUNDS MAY TARGET DIFFERENT AREAS OR CATEGORIES IN THE COMMUNITY SUCH AS ARTS AND CULTURE, CIVIC AFFAIRS, COMMUNITY DEVELOPMENT, EDUCATION, YOUTH, ENVIRONMENT, ANIMAL WELFARE, RECREATION, HEALTH AND HUMAN SERVICES. true BLUFFTON-HARRISON MSD 805 E HARRISON ST BLUFFTON IN 46714 351065748 501(C)(3) 7600 0 BOOK LEARN SKILLS CLINIC & ED MAT CANCER SERVICES OF NE INDIANA 6316 MUTUAL DRIVE FORT WAYNE IN 46825 350965609 501(C)(3) 6000 0 BOOK ASSIST WELLS CO CANCER PATIENTS FAMILY CENTERED SERVIC 123 S MARION ST BLUFFTON IN 46714 351768199 501(C)(3) 10750 0 BOOK YOUTH AS RESOURCES PROGRAM FORT WAYNE PHILHARMONIC 4901 FULLER DRIVE FORT WAYNE IN 46835 350791163 501(C)(3) 8000 0 BOOK PATRIOTIC POPS AND EDUC CONCERT JUNIOR ACHIEVEMENT OF NORTHERN INDIANA 601 NOBLE DRIVE FORT WAYNE IN 46825 841267604 501(C)(3) 7000 0 BOOK JA PROGRAMS IN WELLS CO SCHOOLS RILEY CHILDRENS FOUNDATION 30 S MERIDIAN ST SUITE 200 INDIANAPOLIS IN 46204 350868147 501(C)(3) 5500 0 BOOK REPLENISH FUNDS WELLS CO KIDS SOUTHERN WELLS COMM SCHOOLS 9120 S 300 W PONETO IN 46781 351077633 501(C)(3) 8260 0 BOOK EDUCATIONAL MATERIALS ST JOSEPH CATHOLIC CHURCH 1300 N MAIN ST BLUFFTON IN 46714 300516171 501(C)(3) 9600 0 BOOK CHURCH'S CHARITABLE PURPOSES ST VINCENT DE PAUL CATHOLIC 1502 E WALLEN ROAD FORT WAYNE IN 46825 351003124 501(C)(3) 6400 0 BOOK CHURCH'S CHARITABLE PURPOSES WELLS CO HISTORICAL SOCIETY PO BOX 143 BLUFFTON IN 46714 310889231 501(C)(3) 15000 0 BOOK BUILDING IMPROVEMENTS FOR MUSEUM WELLS COUNTY EMS 140 W SPRING ST BLUFFTON IN 46714 352112570 501(C)(3) 5880 0 BOOK SUPPORT FOR LOCAL EMS WELLS COUNTY PUBLIC LIBRARY 200 W WASHINGTON ST BLUFFTON IN 46714 356000258 501(C)(3) 5500 0 BOOK YOUNG ADULT PROGRAMS WELLS COUNTY REVITALIZATION INC 211 WATER ST BLUFFTON IN 46714 351625609 501(C)(3) 12700 0 BOOK SUPPORT REVITALIZATION OF COMMUNITY WELLS COUNTY YMCA 1935 N MAIN ST BLUFFTON IN 46714 350886850 501(C)(3) 44254 0 BOOK SUPPORT FOR CAPITAL CAMPAIGN 12 2 SCHOLARSHIPS FOR WELLS CO IND. 78 195304 BOOK Additional Supplemental Information SCHEDULE I PART IIITHE FOUNDATION ANNUALLY AWARDS SEVERAL SCHOLARSHIPS TO ALLOW THE RECIPIENTS TO PROMOTE HIGHER EDUCATION LEVEL AMONG AREA RESIDENTS. MANY DIFFERENT SCHOLARSHIP PROGRAMS ARE AVAILABLE DEPENDING ON THE FIELD OF INTEREST THAT WAS SPECIFIED BY THE INDIVIDUALS WHO DONATED FUNDS TO ESTABLISH THE PARTICULAR PROGRAM. THE SCHOLARSHIPS ARE PUBLICLY ADVERTISED AND AWARDED IN ALL AREA SCHOOLS WHICH AREA RESIDENTS ARE ENROLLED.THE SELECTION OF MANY OF THE SCHOLARSHIPS IS BASED ON INDIVIDUAL JUDGMENTS MADE BY A CONTRACTED, INDEPENDENT, NON-LOCAL PROFESSIONAL WHO THEN ADVISES THE BOARD OF HIS OR HER RECOMMENDATIONS. THERE ARE SEVERAL SCHOLARSHIP PROGRAMS FOR WHICH EACH AREA SCHOOL'S BOARD APPOINTED SCHOLARSHIP SELECTION COMMITTEE DETERMINES THE RECIPIENT(S) FOR THAT PARTICULAR PROGRAM. THE SCHOLARSHIP COMPETITION CONSIDERS A WIDE RANGE OF CRITERIA INCLUDING PAST ACADEMIC RECORD, EXTRA-CURRICULAR ACTIVITIES, COMMUNITY INVOLVEMENT, ACADEMIC AND SOCIAL PROGRESS, AND SCORES ON NATIONAL STANDARDIZED TESTS (SAT, ACT).THE FOUNDATION'S GRANT COMMITTEE DOES SELECT INDIVIDUALS FOR SOME OF THE SCHOLARSHIPS, BUT ULTIMATELY, THE BOARD OF DIRECTORS APPROVES THE RECOMMENDATIONS FROM THE SELECTION SOURCES. AS WITH ALL MATTERS REQUIRING BOARD APPROVAL, ALL CONFLICTS OF INTEREST ARE OPENLY DISCLOSED AND IF ANY BOARD MEMBER HAS HAD A PART IN DETERMINING A RECIPIENT, HE OR SHE IS REQUIRED TO ABSTAIN FROM VOTING.THE SCHOLARSHIP AWARDS RANGE FROM ONE-TIME AWARDS TO FOUR-YEAR RECURRING AWARDS. IN ANY CASE, THOUGH, THE SCHOLARSHIP RECIPIENT MUST SUBMIT AN OFFICIAL INVOICE FOR TUITION AND FEES AND SUBMIT RECEIPTS FOR REIMBURSEMENT FOR BOOKS AND REQUIRED EQUIPMENT. ALL TUITION PAYMENTS ARE MADE PAYABLE ONLY TO THE EDUCATIONAL INSTITUTION. Grantmaker's Description of How Grants are Used ORGANIZATIONS RECEIVING GRANTS ARE SENT A LETTER FROM THE FOUNDATION TO NOTIFY THEM THAT THEIR GRANT WAS APPROVED. THE FOUNDATION INCLUDES A GRANT AGREEMENT WITH THIS LETTER THAT THE ORGANIZATIONS SIGN AND RETURN WHEN THEY ARE READY TO RECEIVE THEIR GRANT MONEY. AFTER THE GRANT MONEY IS USED, THE ORGANIZATIONS ARE REQUIRED TO SEND INVOICES, PICTURES, OR PUBLICITY TO SHOW THE FOUNDATION HOW THE MONEY WAS SPENT. A FINAL GRANT REPORT DETAILING EXPENDITURES IS DUE WITHIN 12 MONTHS FROM THE GRANT DISTRIBUTION. FOUNDATION EMPLOYEES FOLLOW UP WITH ORGANIZATIONS RECEIVING GRANTS IF THEY DO NOT RECEIVE INFORMATION ON HOW THE MONEY WAS SPENT. WELLS COUNTY PUBLIC LIBRARY EXEC DIR IS ON GRANTS COMM 5500 GRANT READING PROGRAM GARRETT A BUCHER SON OF BOARD MEMBER 6142 SCHOLARSHIP CARLIE HARNISH SISTER-COMM. MEMBER 2000 SCHOLARSHIP X 2 23344 FAIR MARKET VALUE X 1 304443 APPRAISAL true true false Part I, Line 30, Arrangement for Holding Period RECEIVED FARM REAL ESTATE WITH LAND RENTAL CONTRACT THAT ALLOWED THE CURRENT FARMER TO RENT THE LAND THROUGH 2018. AFTER 2018, THE FOUNDATION IS NOT REQUIRED TO RENT THE REAL ESTATE AND MAY BE SOLD. Form 990, Part VI, Line 11b: Form 990 Review Process ALL FINANCE COMMITTEE MEMBERS RECEIVED A COPY OF THE FORM 990. THE COMMITTEE MET TO DISCUSS THE FORM 990 AND ANSWER ANY QUESTIONS ANY OF THE COMMITTEE MEMBERS HAD. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts DIRECTORS ABSTAIN FROM VOTES DURING BOARD MEETINGS THAT WOULD CREATE A CONFLICT OF INTEREST. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees EXECUTIVE COMMITTEE MEETS ANNUALLY TO EVALUATE PERFORMANCE OF EXECUTIVE DIRECTOR. COMMITTEE DISCUSSES WHAT THE EXECUTIVE DIRECTOR HAS DONE WELL OVER THE PAST YEAR AND WHAT COULD BE IMPROVED ON OR FOCUSED ON IN THE UPCOMING YEAR. THE COMMITTEE WILL SET COMPENSATION LEVEL AND IN THE PAST HAS COMPARED TO SIMILAR SIZE COMMUNITY FOUNDATIONS.HOURLY WAGES OF OTHER TWO EMPLOYEES ARE FIRST EVALUATED BY EXECUTIVE DIRECTOR WHO RECOMMENDS AN HOURLY RATE TO THE EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE MEETS ANNUALLY TO REVIEW THESE EVALUATIONS AND DISCUSS THE HOURLY RATES. THE COMMITTEE SETS THE HOURLY RATES OF THESE EMPLOYEES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO PUBLIC UPON REQUEST.