2014-10-23T12:24:23-07:00 2013-12-31 990 2013-01-01 452899583 WORD OF LIFE FOUNDATION INC WORD 5184946200 PO Box 600 Schroon Lake NY 12870 Bobby Brown Director Foundation 5184946205 2014-10-23 2013 2015-11-30 17:44:51Z Bobby Brown Director Foundation PO Box 600 Schroon Lake NY 12870 19295284 0 X www.wol.org X 2012 NY The Foundation is organized and operated exclusively to support the overall mission and vision of Word of Life Fellowship, Inc (Word of Life) . Word of Life will oversee the affairs of the Foundation and ensure that all actions of the Foundation are consistent with the mission, vision, values and purposes of Word of Life. The Foundation, by receiving and managing charitable contributions, will support Word of Life and other charities whose work furthers Word of Life's purposes. 7 3 0 0 0 0 32450687 13479000 0 0 812173 603092 0 0 33262860 14082092 4886654 19119270 0 0 0 0 0 0 66078 156247 155899 5042901 19275169 28219959 -5193077 28269739 22880357 206000 1000 28063739 22879357 THE FOUNDATION IS ORGANIZED AND IS OPERATED AS A TYPE 1 SUPPORTING ORGANIZATION FOR THE SUPPORT AND FURTHERANCE OF THE RELIGIOUS, CHARITABLE, AND EDUCATIONAL TAX-EXEMPT PURPOSES OF WORD OF LIFE FELLOWSHIP INC. THE FOUNDATION RECEIVES AND DISTRIBUTES FUNDS TO WORD OF LIFE FELLOWSHIP INC AND OTHER TAX EXEMPT ORGANIZATIONS WHO FURTHER THE PURPOSES OF WORD OF LIFE FELLOWSHIP INC. 0 0 19119270 19119270 0 THE FOUNDATION IS ORGANIZED AND IS OPERATED AS A SUPPORTING ORGANIZATION FOR THE SUPPORT AND FURTHERANCE OF THE RELIGIOUS, CHARITABLE, AND EDUCATIONAL TAX-EXEMPT PURPOSES OF Word of Life Fellowship Inc . THE FOUNDATION RAISEs AND DISTRIBUTES FUNDS TO WORD OF LIFE FELLOWSHIP INC AND OTHER TAX EXEMPT ORGANIZATIONS WHO FURTHER THE PURPOSES OF WORD OF LIFE FELLOWSHIP INC. 0 0 0 19119270 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 3 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Word of Life Fellowship Inc Attn Roger W Sachleben 5184946000 PO Box Schroon Lake NY 12870 Brown Bobby B Director-Secretary 20 20 X 0 69158 7396 Davis Kyle Director 1 1 X 0 0 0 Leach Howard C Director-Treasurer 1 39 X X 0 52020 7254 Lough Don H Director 1 39 X 0 122444 16192 Nelson Benjamin J Director 1 39 X 0 80352 10920 Peterson Bruce Director-Vice President 1 1 X 0 0 0 Price William Director-President 1 1 X X 0 0 0 0 323974 41762 0 0 0 0 Word of Life Fellowship Inc PO Box 600 Schroon Lake NY 12870 Administrative 105000 0 0 0 0 0 0 13479000 203428 13479000 0 787580 0 0 787580 0 0 0 0 0 0 0 0 0 0 5028704 0 5213192 0 -184488 0 -184488 0 0 -184488 0 0 14082092 0 0 603092 19119270 19119270 31300 31300 66078 66078 Management fees 58521 0 58521 0 19275169 19119270 89821 66078 1393834 3026168 12782203 12921134 5767347 0 8326355 6933055 28269739 22880357 206000 1000 0 0 206000 1000 X 28063739 22879357 0 0 0 0 28063739 22879357 28269739 22880357 -5193077 8695 0 0 0 0 X 0 1 X 1 0 X X X X 0 0 0 Word of Life Fellowship Inc 135648615 501c(3) 1 1 1 6038974 1 6038974 Schedule A, Part I, Line 11 WORD OF LIFE FOUNDATION INC IS ORGANIZED AND OPERATED TO SUPPORT WORD OF LIFE FELLOWSHIP INC AND OTHER PUBLIC CHARITIES WHOSE WORK FURTHERS WORD OF LIFE'S PURPOSES. PLEASE SEE SCHEDULE I FOR DETAILS ON DISTRIBUTIONS GIVEN TO OTHER PUBLIC CHARITIES WHO RECEIVED MORE THAN $5,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7 0 13479000 0 19119270 0 22880357 0 1 1 0 0 X 13696937 0 0 0 0 0 13696937 0 385155 385155 14082092 19275169 0 0 0 0 0 19275169 0 0 0 19275169 Schedule D, Part X, Line 2 The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of December 31, 2013, Word of Life had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Schedule D, Part XI, Line 4b INTEREST INCOME ON NOTES RECEIVABLE FROM RELATED PARTIES AND REALIZED GAINS/LOSSES ON SALE OF INVESTMENTS 1 United World Mission PO Box 602002 Charlotte NC 28260 596045867 501c3 5200 Ministry Children's Relief International PO Box 2470 Rockwall TX 75087 364353904 501c3 5600 Ministry World Team 1431 Stuckert Rd Warrington PA 18976 591759927 501c3 6000 Ministry Child Evangelism Fellowship PO Box 348 Warrenton MO 63383 386091187 501c3 6600 Ministry Blue Ridge Community Church 2361 New London Rd Forest VA 24551 541059221 501c3 8000 Ministry Encompass World Partners PO Box 80065 City of Industry CA 91716 350992713 501c3 8700 Ministry DNA Global Network PO Box 60 Tyrone GA 30290 621845855 501c3 10000 Ministry Links Players International 755 N Peach Ave Suite E11 Clovis CA 93611 731258934 501c3 10000 Ministry Moody Church Media 1635 N LaSalle Chicago IL 60614 362167792 501c3 10000 Ministry SIM PO Box 7900 Charlotte NC 28241 221936391 501c3 10000 Ministry The Refuge 4555 Jackson Pike Grove City OH 43123 311655288 501c3 10000 Ministry Exodus Church 40 Otis St Somerville MA 02145 271751999 501c3 12000 Ministry Pioneers Inc 10123 William Carey Dr Orlando FL 32832 521206938 501c3 12400 Ministry Providence Bible Church PO Box 13946 Denver CO 80201 510184543 501c3 15000 Ministry Exodus 3 Ministries 305 N Geddes St Syracuse NY 13204 271197922 501c3 16600 Ministry Challenge Ministries International 14140 Abington Ave Detroit MI 48227 383570815 501c3 20000 Ministry RZIM 4725 Peachtree Corners Cir Ste 250 Norcross GA 30092 133200719 501c3 20000 Ministry Messiah College College Scholarship Fund One College Ave Suite 3011 Mechanicsburg PA 17055 231352661 501c3 24900 Ministry By The Hand PO Box 10043 Chicago IL 60610 203144284 501c3 25000 Ministry Discipleship Network of America 100 Downers Grove Signal Mountain TN 37377 621845855 501c3 25000 Ministry Ecuadorian Harvest Ministries 20005 NE Redmond Rd Redmond WA 98053 911659508 501c3 25000 Ministry The Mailbox Club 404 Eager Rd Valdosta GA 31602 237229445 501c3 25000 Ministry The Ryrie Foundation 3310 Fairmont No 5D Dallas TX 75201 752001540 501c3 25000 Ministry Truth Encounter 251 Meadowbrook Ln Midlothian TX 76065 752446447 501c3 25000 Ministry Wycliffe PO Box 628200 Orlando FL 32862 951831097 501c3 25000 Ministry Campus Crusade for Christ PO Box 628222 Orlando FL 32862 956006173 501c3 30600 Ministry Abide International 17701 NW 157th Ave Miami FL 33055 592400330 501c3 50000 Ministry Back to the Bible PO Box 82808 Lincoln NE 68501 476022615 501c3 50000 Ministry Calvary Church 1051 Landis Valley Rd Lancaster PA 17601 231365215 501c3 50000 Ministry Cedarville University 251 N Main St Cedarville OH 45314 310536647 501c3 50000 Ministry Keep Believing Ministries PO Box 257 Elmhurst IL 60126 204619337 501c3 50000 Ministry Ohio State University Fund Attn Denny Hoobler Athletic Department Columbus OH 43210 316025986 501c3 50000 Development SCORE International Inc PO Box 9994 Chattanooga TN 37412 581605736 501c3 76190 Ministry Local Church Evangelism Inc PO Box A Newport ME 04953 010485729 501c3 83600 Ministry Baptist Bible College 538 Venard Rd Clarks Summit PA 18411 150543962 501c3 100000 Ministry Finish Line Ministries International 250 E Broad St Suite 450 PO Box 9994 Columbus OH 43215 311356262 501c3 225000 Ministry South Hills Bible Chapel Attn Ron Moore 300 Gallery Dr McMurray PA 15317 251495523 501c3 300000 Ministry Appalachian Bible College 161 College Dr Mount Hope WV 25880 550370901 501c3 600000 Ministry Word of Life Fellowship Inc PO Box 600 Schroon Lake NY 12870 135648615 501c3 6038974 Ministry Fidelity Charitable Fund PO Box 770001 Cincinnati OH 45277 110303001 501c3 11000000 Ministry 40 0 Schedule I, Part I, Line 2 Schedule I, Part I, Line 2 - GRANT RECOMMENDATIONS ARE REVIEWED AGAINST DONOR ADVISED FUND PURPOSE STATEMENTS, GRANTEES MUST PROVIDE THEIR EIN AND ARE ADVISED BY LETTER INCLUDED WITH EACH DISTRIBUTION THAT DISTRIBUTIONS ARE FROM DONOR ADVISED FUNDS AND THEREFORE TAX RECEIPT SHOULD NOT BE PROVIDED. GRANTEES MUST AFFIRM THAT: (1) DISTRIBUTION WILL BE USED EXCLUSIVELY FOR THE FURTHANCE OF THE GRANTEE'S PROPER EXEMPT PURPOSE (2)NO PRIVATE BENEFIT, GOODS OR SERVICES WERE RECIEVED BY ANY INDIVIDUAL (3)THIS GIFT IS NOT IN SATISFACTION OF A PERSONAL FINANCIAL OBLIGATION (4)THIS GIFT WILL NOT BE USED FOR POLITICAL ACTIVITY (5)THIS GIFT WILL NOT BE USED FOR SCHOOL TUITION APART FROM AN ESTABLISHED SCHOLARSHIP PROGRAM. THE FOUNDATION DEPENDS ON THE GOVERNING BOARDS OF THE RECEIVING ORGANIZATIONS TO ASSURE THAT THE CONDITIONS FOR RECEIVING THE DISTRIBUTIONS ARE MET. CBC Companies Company controlled by board member Ministry X 16000000 11104931 0 1 1 11104931 X 1 203428 NYSE quote 0 0 1 0 Form 990, Part VI, Section A, Line 6 Word of Life Fellowship Inc is the sole member of the foundation Form 990, Part VI, Section A, Line 7a Word of Life Fellowship Inc has the power to elect and remove the governing board. Form 990, Part VI, Section A, Line 7b Word of Life Fellowship Inc will have the following powers with respect to the Foundation (1) to elect and remove all directors of the foundation (2) to appoint the president of the Board of the Foundation (3) to select independent auditors, legal counsel and other major consultants for the foundation and (4) to approve the foundations investment policy, fundraising policy, gifts receipts policy and major agreements and annual budgets. Form 990, Part VI, Section B, Line 11b A copy of the 990 is provided to each board member before it is filed. It is reviewed at the next board meeting. In addition the CFO and Audit committee of Word of Life Fellowship Inc review the Form before it is filed with the IRS. Form 990, Part VI, Section B, Line 12c Each director is required to annually review and file signed declarations of compliance with the policy or state possible exceptions which are reviewed and approved or disallowed by the board. The conflict of interest policy prohibits a person with a conflict of interest from participating in discussion on a related issue and they must be excused from the meeting when voting. Form 990, Part VI, Section C, Line 19 Word of Life Foundation Inc makes available to the public upon request our tax exemption determination letter, form 990, audited financial statements and articles of incorporation. Word of Life Fellowship Inc PO Box 600 Schroon Lake NY 12870 135648615 Religious outreach NY 501(c)(3) Line 9 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0