2014-11-17T15:53:55-06:00 2013-12-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2013-01-01 751709180 LUBBOCK AREA FOUNDATION INC LUBB 8067628061 2509 80TH STREET LUBBOCK TX 79423 SHERYL CATES EXECUTIVE DIRECTOR 8067628061 2014-11-17 1 MATT R WILLIS P00419741 8067473806 2014-11-17 X 2013 2015-11-30 17:44:51Z SHERYL CATES 2509 80TH STREET LUBBOCK TX 79423 15459609 0 X WWW.LUBBOCKAREAFOUNDATION.ORG X 1981 TX TO RECEIVE AND ACCEPT FUNDS AND PROPERTY TO BE ADMINISTERED EXCLUSIVELY FOR CHARITABLE PURPOSES PRIMARILY IN THE TEXAS SOUTH PLAINS AREA. TO ENHANCE PHILANTHROPY AND STRENGTHEN THE SENSE OF COMMUNITY IN THE REGION. 27 27 7 70 0 0 2526048 1844093 10536 9619 1888525 2555258 -10458 0 4414651 4408970 691641 1099539 0 0 272384 273354 0 12612 182366 275659 361477 1239684 1746982 3174967 2661988 28748043 34496503 1542110 1860174 27205933 32636329 TO RECEIVE AND ACCEPT FUNDS AND PROPERTY TO BE ADMINISTERED EXCLUSIVELY FOR CHARITABLE PURPOSES PRIMARILY IN THE TEXAS SOUTH PLAINS AREA. TO ENHANCE PHILANTHROPY AND STRENGTHEN THE SENSE OF COMMUNITY IN THE REGION. 0 0 1501558 1099539 7469 THE ORGANIZATION ATTRACTS AND MANAGES CHARITABLE ENDOWMENTS AND AWARDED GRANTS TO NON-PROFIT ORGANIZATIONS AND SCHOLARSHIPS TO 79 DIFFERENT STUDENTS. 3376 2150 THE ORGANIZATION MAINTAINS A FUNDING INFORMATION CENTER WHICH MAKES INFORMATION AND MATERIALS AVAILABLE TO THOSE PREPARING GRANT REQUESTS. THE ORGANIZATION ASSISTS IN INFORMING AREA GRANT SEEKERS ON HOW TO PREPARE A GRANT REQUEST. FINALLY, THE ORGANIZATION ADMINISTERS OTHER CHARITABLE PROGRAMS. 1504934 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X SHERYL CATES 8067628061 2509 80TH STREET LUBBOCK TX 79423 LOUISE CUMMINS PRESIDENT 6.00 X X 0 0 0 JIM PHILLIPS PRESIDENT ELECT 2.50 X X 0 0 0 JOHN TYE SECRETARY/TREASURER 1.00 X X 0 0 0 MARTHA ANN MCDONALD VP DONOR RELATIONS 0.50 X X 0 0 0 JEFF KLOTZMAN DIRECTOR 0.30 X 0 0 0 JERRY KOLANDER GRANTS COMMITTEE CHAIR 1.50 X 0 0 0 RODNEY CATES PERSONNEL COMMITTEE CHAIR 1.00 X 0 0 0 NITA KIESLING BUILDING COMMITTEE CHAIR 2.00 X 0 0 0 CHAD GRANT DIRECTOR 0.30 X 0 0 0 ROBERT KOLLMAN DIRECTOR 1.00 X 0 0 0 WILLIAM LOWELL DIRECTOR 2.50 X 0 0 0 ELAINE MCNAIR DIRECTOR 3.00 X 0 0 0 CARLOS MORALES DIRECTOR 1.00 X 0 0 0 MACK OWEN DIRECTOR 1.00 X 0 0 0 NORVAL POLLARD DIRECTOR 0.50 X 0 0 0 DON RUSHING DIRECTOR 1.00 X 0 0 0 TED RUSHING DIRECTOR 0.30 X 0 0 0 TIM SAMPSON DIRECTOR 2.00 X 0 0 0 RAY THORNTON DIRECTOR 0.40 X 0 0 0 DIANN WINDHAM DIRECTOR 1.00 X 0 0 0 BRONSON BLODGETT DIRECTOR 0.50 X 0 0 0 GREG PERKINS DIRECTOR 1.00 X 0 0 0 LAURA VINSON DIRECTOR 0.30 X 0 0 0 SHARON MARTIN DIRECTOR 0.30 X 0 0 0 BARBARA GILLEY DIRECTOR 1.00 X 0 0 0 DAVID QUINTANILLA DIRECTOR 1.00 X 0 0 0 SUZIE BAKER DIRECTOR 1.00 X 0 0 0 SHERYL CATES EXECUTIVE DIRECTOR 1.00 X 90000 0 11400 90000 0 11400 0 0 0 0 0 48654 1795439 1844093 MANAGEMENT FEES 525990 7469 7469 WORKSHOP INCOME 611600 2150 2150 9619 617120 617120 12841887 10903749 1938138 1938138 1938138 146890 48654 146890 0 4408970 9619 0 2555258 973931 973931 125608 125608 101400 60840 10140 30420 125258 53736 13345 58177 17469 8006 1943 7520 10526 5377 1127 4022 18701 9478 1952 7271 24920 9968 4984 9968 12612 12612 198543 198543 23636 9191 1050 13395 21186 8903 3281 9002 21567 10784 4063 6720 11616 5227 1162 5227 5485 2468 549 2468 22989 7662 7665 7662 2471 642 1112 717 12643 4214 4215 4214 2103 841 421 841 LIBRARY EXPENSES 3376 3376 DUES & SUBSCRIPTIONS 3170 824 1427 919 7772 5315 1246 1211 1746982 1504934 59682 182366 2528946 3152787 105000 249188 59046 191566 190142 26027531 31048574 28748043 34496503 12226 80000 1542110 1767948 1542110 1860174 X 27022933 32499329 183000 137000 27205933 32636329 28748043 34496503 2661988 2768408 0 X X 0 1 X 0 0 X 1064580 1749109 1582674 1449812 1844093 7690268 1064580 1749109 1582674 1449812 1844093 7690268 2368043 5322225 542698 521434 620064 647529 617120 2948845 10639113 41548 0.50030 0.42520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45 182 127305 1716788 245051 854488 9798708 22837621 1 1 0 1 X 27205933 2000602 5323666 1099537 734653 59682 32636329 24589544 2526048 1329947 691641 479505 68460 27205933 23873751 1604911 491682 820937 485980 73883 24589544 19352910 3760040 2240457 983593 433621 62442 23873751 16617000 1073923 2542042 441743 380742 57570 19352910 1.00000 0 0 12954 12954 202238 37920 164318 33996 21126 12870 190142 X 7324268 2768408 146890 2915298 4408970 0 4408970 1893872 146890 146890 1746982 0 1746982 PART IV, LINE 2B: AN AGENCY ENDOWMENT IS A TYPE OF DESIGNATED FUND ESTABLISHED BY A CHARITY AT LUBBOCK AREA FOUNDATION FOR THE CHARITY'S OWN BENEFIT OR THE BENEFIT OF A RELATED ENTITY. THAT IS, THE DONOR OR RESOURCE PROVIDER AND THE BENEFICIARY OR RECIPIENT IS THE SAME ENTITY. LUBBOCK AREA FOUNDATION HAS LEGAL OWNERSHIP OF FUNDS CONTRIBUTED TO AN AGENCY ENDOWMENT. AS SUCH, LUBBOCK AREA FOUNDATION'S BOARD HAS FIDUCIARY RESPONSIBILITY OVER THE FUNDS. AGENCY ENDOWMENTS ARE ONLY MAINTAINED FOR PUBLIC CHARITIES AND OR GOVERNMENTAL UNITS. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE ADMINISTERED EXCLUSIVELY FOR CHARITABLE PURPOSES WHICH ENHANCE PHILANTHROPY AND STRENGTHEN THE SENSE OF COMMUNITY WITHIN THE TEXAS SOUTH PLAINS AREA. PART X, LINE 2: LUBBOCK AREA FOUNDATION, INC. HAS ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE CORPORATION IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE CORPORATION DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT THEIR TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS), OR OTHER STATE TAXING AUTHORITIES. THE CORPORATION IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2010. THE FOUNDATION RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THERE WERE NO PENALTIES OR INTEREST RECOGNIZED DURING THE YEAR ENDED DECEMBER 31, 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B 146,890. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B 146,890. HEROES LUNCHEON 195544 48654 146890 21882 3293 121715 195544 48654 146890 21882 3293 121715 146890 0 1 FRIENDS OF THE LUBBOCK PUBLIC LIBRARY 1306 9TH STREET LUBBOCK TX 79410 756063293 501(C)(3) 19789 GENERAL OPERATING SUPPORT AND BLACK HISTORY MONTH PRESENTATION FOR PATTERSON LIBRARY. THE LOUISE HOPKINS UNDERWOOD CENTER FOR THE ARTS 511 AVE K LUBBOCK TX 79401 752732616 501(C)(3) 13774 FUNDING FOR COMMUNITY PROGRAMS AND SERVICES. LUBBOCK SYMPHONY ORCHESTRA 601 AVE K LUBBOCK TX 79401 756001993 501(C)(3) 11417 INSPIRING INTERNS, CHAMBER ENSEMBLE OUTREACH AND PERFORMANCE SERIES PROGRAM, LUBBOCK YOUTH SYMPHONY ORCHESTRA, AND GENERAL OPERATING SUPPORT. WOMEN'S PROTECTIVE SERVICES PO BOX 54089 LUBBOCK TX 79453 751633066 501(C)(3) 22603 GENERAL OPERATING SUPPORT AND EMERGENCY FUNDS. HUMANE SOCIETY OF WEST TEXAS 3112 21ST STREET LUBBOCK TX 79424 752534120 501(C)(3) 12300 TO ENSURE THE BEST POSSIBLE QUALITY OF LIFE FOR ANIMALS. PLAINVIEW COMMUNITY CONCERT ASSOCIATION PO BOX 1512 PLAINVIEW TX 790731512 751904485 501(C)(3) 15000 FUNDING FOR COMMUNITY CONCERT. RACE TRACK CHAPLAINCY RUIDOSO DOWNS PO BOX 449 RUIDOSO DOWNS NM 88346 237181877 501(C)(3) 5000 GENERAL OPERATING SUPPORT. BACKYARD MISSION 8205 QUINCY AVE LUBBOCK TX 79424 800378620 501(C)(3) 5000 TO ASSIST THE ORGANNIZATION WITH THEIR MISSION OF PROVIDING FREE HOME REPAIRS TO NEEDY FAMILIES IN THE LUBBOCK COMMUNITY. UMC FOUNDATION PO BOX 5980 LUBBOCK TX 79408 751639312 501(C)(3) 16779 CHILDREN'S MIRACLE NETWORK; KIDNEY TRANSPLANT FUND AND GENERAL SUPPORT. BALLET LUBBOCK 5702 GENOA AVE LUBBOCK TX 79424 510163294 501(C)(3) 5000 TO PROMOTE THE BALLET AND FINE ARTS. CATHOLIC FOUNDATION OF THE DIOCESE OF LUBBOCK 4620 4TH ST LUBBOCK TX 79424 752773524 501(C)(3) 6720 TO PROMOTE THE MISSION OF THE CATHOLIC CHURCH. CHILDREN'S ADVOCACY CENTER OF THE SOUTH PLAINS 720 TEXAS AVE LUBBOCK TX 79401 752660920 501(C)(3) 7992 TO ASSIST CHILDREN IN THE COURT SYSTEM WHO HAVE EXPERIENCED PHYSICAL OR SEXUAL ABUSE. HOSPICE OF LUBBOCK PO BOX 16800 LUBBOCK TX 79490 752133781 501(C)(3) 7204 TO PROVIDE CARE AND COMFORT FOR THE TERMINALLY ILL. LUBBOCK AREA UNITED WAY 1655 MAIN ST LUBBOCK TX 79401 750961812 501(C)(3) 17196 TO PROMOTE PEOPLE EMPOWERING PEOPLE. LUBBOCK MEALS ON WHEELS 2304 34TH ST LUBBOCK TX 79411 751333736 501(C)(3) 9947 TO PROVIDE MEALS FOR INDIVIDUALS WHO ARE DISABLED OR HOMEBOUND. SOUTH PLAINS FOOD BANK 4612 LOCUST AVE LUBBOCK TX 79404 751904829 501(C)(3) 14258 TO ALLEVIATE HUNGER AND GIVE HOPE TO THE HUNGRY. YOUTH ORCHESTRAS OF LUBBOCK 4410 14TH STREET LUBBOCK TX 79416 273569833 501(C)(3) 15968 TO PROVIDE AN EXCEPTIONAL MUSIC EDUCATION EXPERIENCE. EARLY LEARNING CENTERS OF LUBBOCK INC 1639 MAIN STREET LUBBOCK TX 79401 750940023 501(C)(3) 5110 TEMPORARY FEE ASSISTANCE FOR PRE-K FAMILIES EXPERIENCING HARDSHIPS. LAKERIDGE UNITED METHODIST CHURCH 4701 82ND STREET LUBBOCK TX 79424 751636559 501(C)(3) 10000 GENERAL OPERATING SUPPORT. LUBBOCK ARTS ALLIANCE 511 AVE K LUBBOCK TX 79401 237015858 501(C)(3) 12000 TO FOSTER THE CREATION, UNDERSTANDING AND ENJOYMENT OF ARTS IN LUBBOCK. MARCH OF DIMES 2801 26TH ST STE 300 LUBBOCK TX 79410 131846366 501(C)(3) 9000 WORKING TOGETHER FOR STRONGER HEALTHIER BABIES. MORRIS SAFE HOUSE FOUNDATION 3240 NIGHTINGALE RD LUBBOCK TX 79407 262804005 501(C)(3) 6821 TO PROVIDE ADEQUATE PROTECTION AND CARE TO SMALL ANIMALS UNTIL THEY CAN BE ADOPTED. PARENTING COTTAGE INC 3818 50TH ST LUBBOCK TX 79413 751806027 501(C)(3) 5500 TO PROVIDE HOPE, EDUCATION, RESOURCES AND ENCOURAGMENT TO FAMILIES WITH CHILDREN AGES 0-5. POST ANIMAL REFUGE CENTER PO BOX 13 POST TX 79356 271920764 501(C)(3) 7821 TO PROVIDE RESCUE, CARE AND ADOPTION SERVICES OF ANIMALS. REFUGE SERVICES INC PO BOX 53684 LUBBOCK TX 79453 752827710 501(C)(3) 6500 TO ENHANCE PHYSICAL, MENTAL, AND SPIRITUAL FUNCTIONING OF INDIVIDUALS AND FAMILIES. TO PROVIDE TEMPORARY LODGING FOR FAMILIES WITH CRITICALLY ILL CHILDREN. SALVATION ARMY 1111 16TH STREET LUBBOCK TX 79401 132923701 501(C)(3) 9270 TO FEED, CLOTHE, COMFORT AND CARE. TO CONNECT, EMPOWER AND TRANSFORM THE COMMUNITY THROUGH VOLUNTEERISM. ALDERSGATE UNITED METHODIST CHURCH 10306 INDIANA AVE LUBBOCK TX 79423 752068414 501(C)(3) 25000 LITTLE PENCIL PROJECT ALL SAINTS EPISCOPAL SCHOOL OF LUBBOCK 3222 103RD STREET LUBBOCK TX 79423 752166880 501(C)(3) 6716 GENERAL SUPPORT FOR THE SCHOOL. BALLET FOLKLORICO ATZLAN DE LUBBOCK 6134 39TH STREET LUBBOCK TX 79407 752714398 501(C)(3) 5500 VIVAN AZTLAN FESTIVAL AND PANCHO CLAUS BUCKNER CHILDREN AND FAMILY SERVICE INC 600 N PEARL STREET DALLAS TX 75201 752571395 501(C)(3) 5222 ORPHANAGE TO CARE FOR UNDERPRIVILEGED, DESTITUTE, NEGLECTED AND NEEDY CHILDREN. CIVIC LUBBOCK INC 1501 MACK DAVIS LANE LUBBOCK TX 79401 751107227 501(C)(3) 5000 TO PROMOTE THE ARTS BY BRINGING MUSICAL AND OTHER ARTISTS TO LUBBOCK. FRENSHIP INDEPENDENT SCHOOL DISTRICT PO BOX 100 WOLFFORTH TX 79382 751363904 501(C)(3) 41757 INFUSING THE 4 C'S. A PLAN TO DEEPLY ENGAGE STUDENTS IN LEARNING JUNIOR LEAGUE OF LUBBOCK 4205 84TH STREET LUBBOCK TX 79423 751181735 501(C)(3) 8200 TO SUPPORT THE WOMEN OF THE JUNIOR LEAGUE WHO ARE COMMITTED TO VOLUNTEERISM AND IMPROVING THE COMMUNITY OF LUBBOCK. LUBBOCK CHILDREN'S HEALTH CLINIC PO BOX 12103 LUBBOCK TX 79452 750968315 501(C)(3) 5000 TO PROVIDE PRIMARY MEDICAL CARE TO UNDERPRIVILEGED CHILDREN. LUBBOCK CHRISTIAN SCHOOLS 2604 DOVER AVE LUBBOCK TX 79407 264232425 501(C)(3) 5000 TO PROVIDE A QUALITY ENVIRONMENT FOR STUDENTS TO GROW IN WISDOM AND STATURE AND IN FAVOR WITH GOD AND MAN. LUBBOCK MOONLIGHT MUSICALS PO BOX 93522 LUBBOCK TX 79493 203575558 501(C)(3) 10000 TO PROMOTE FINE ARTS. MFHL CORPORATION DBA MY FATHER'S HOUSE LUBBOCK 1510 S LOOP 289 LUBBOCK TX 79412 752914146 501(C)(3) 5574 TO STRENGTHEN FAMILIES, INCREASE EDUCATION, TEACH PARENTING SKILLS AND SELF SUFFICIENCY. MY SPECIAL PLACE 111 N AVE H POST TX 79356 752254261 501(C)(3) 5000 TO PROVIDE CHILDCARE. PHI BETA KAPPA 1600 NEW HAMPSHIRE AVE NW WASHINGTON DC 20009 752585121 501(C)(7) 5684 HIGH SCHOOL EXCELLENCE AWARD AND GENERAL SUPPORT. ROOTS MUSIC INSTITUTE 2604 25TH STREET LUBBOCK TX 79410 275153912 501(C)(3) 5000 TO PROMOTE DANCE AND FINE ARTS. SCIENCE SPECTRUM 2579 S LOOP 289 LUBBOCK TX 79423 752184555 501(C)(3) 5709 TO PROMOTE SCIENCE AND TECHNOLOGY. SHARP ACADEMY 4415 66TH STREET LUBBOCK TX 79414 270925239 501(C)(3) 5000 TO PROMOTE EDUCATION FOR STUDENTS WHO LEARN DIFFERENTLY. SHRINERS HOSPITAL FOR CHILDREN PO BOX 31356 TAMPA FL 33631 362193608 501(C)(3) 8449 TO PROVIDE PEDIATRIC SPECIALTY CARE WITHOUT FINANCIAL OBLIGATION TO PATIENTS OR THEIR FAMILIES. SICK CHILDREN'S CLINIC PO BOX 93056 LUBBOCK TX 79493 752209353 501(C)(3) 5339 TO PROVIDE HEALTH CARE TO CHILDREN. THE SUSAN G KOMEN BREAST CANCER FOUNDATION 5005 LBJ FREEWAY DALLAS TX 75244 752462834 501(C)(3) 8000 TO FIND A CURE FOR BREAST CANCER. TEXAS BOYS RANCH PO BOX 5665 LUBBOCK TX 79408 237292527 501(C)(3) 5000 HELPING YOUNG BOYS TRANSFORM THEIR LIVES. TEXAS SCOTTISH RITE HOSPITAL FOR CRIPPLED CHILDREN 2222 WELBORN STREET DALLAS TX 75219 750818178 501(C)(3) 7534 PEDIATRIC CARE SPECIALIZING IN THE TREATMENT OF ORTHOPEDIC CONDITIONS, RELATED NEUROLOGICAL DISORDERS AND LEARNING DISORDERS. TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER 3601 4TH STREET LUBBOCK TX 79430 752668014 501(C)(3) 17619 TO SUPPORT MEDICAL RESEARCH AND MEDICAL STUDENTS. THE BRIDGE OF LUBBOCK PO BOX 667 LUBBOCK TX 79408 752968710 501(C)(3) 5617 TO PROVIDE AFTER SCHOOL MENTORING PROGRAMS, SUMMER DAY CAMPS AND TUTORING. TRINITY CHRISTIAN SCHOOLS FOUNDATION 6701 UNIVERSITY AVE LUBBOCK TX 79413 262981264 501(C)(3) 5431 TO PROMOTE A CHRISTIAN EDUCATION. TEXAS TECH UNIVERSITY BURKHART CENTER FOR AUTISM EDUCATION AND RESEARCH BOX 41071 LUBBOCK TX 79409 756002622 501(C)(3) 16667 TO SUPPORT AUTISM RESEARCH AND EDUCATION. UNIVERSITY MEDICAL CENTER PO BOX 5980 LUBBOCK TX 79415 751301362 501(C)(3) 27500 TO PROVIDE MEDICAL CARE. 52 SCHOLARSHIPS FOR HIGHER EDUCATION. SPECIFICALLY SCHOLARSHIPS FOR ATTENDING JUNIOR COLLEGES OR UNIVERSITIES. 77 125608 PART I, LINE 2: THE LUBBOCK AREA FOUNDATION MAKES GRANTS TO NON-PROFIT ORGANIZATIONS CAPABLE OF PROVIDING SERVICES FOR AREA RESIDENTS. IN THE CASE OF DONOR-ADVISED FUND RECOMMENDATIONS, GRANTS CAN ALSO BE MADE FOR CHARITABLE PURPOSES OUTSIDE OF THE LUBBOCK AREA. THE FOUNDATION WILL REVIEW THE CREDENTIALS OF ALL NON-PROFIT ORGANIZATIONS SEEKING GRANTS. THIS REVIEW WILL INCLUDE VERIFICATION OF IRS RULING AND PROGRAM EVALUATIONS THAT DETAIL THE USE OF FUNDS GRANTED. THE FOUNDATION IS OBLIGATED TO WITHHOLD OR RECALL GRANTS TO ORGANIZATIONS THAT CANNOT OR ARE UNWILLING TO PROVIDE APPROPRIATE DOCUMENTATION AND REPORTS THAT ENSURE APPROPRIATE USE OF FUNDS. ADDITIONAL CRITERIA FOR EVALUATION OF REQUESTS FOR FUNDING FROM THE FOUNDATION'S UNRESTRICTED FUNDS MAY INCLUDE THE FOLLOWING: 1. SCREENING FOR ELIGIBILITY: HAS THE ORGANIZATION PROVIDED BASIC DOCUMENTATION, INCLUDING IRS DETERMINATION LETTER AND FINANCIAL STATEMENTS? IS THERE A CLEAR AND CONCISE PROPOSAL? DOES THE REQUEST MEET THE LEGAL REQUIREMENTS AND THE INTEREST AREAS OF THE LUBBOCK AREA FOUNDATION? 2. ORGANIZATION STRENGTH: IS THIS A CREDIBLE ORGANIZATION? WHAT IS ITS MISSION? WHAT IS ITS PROFESSIONAL STANDING WITHIN ITS COMMUNITY? WHAT IS ITS TRACK RECORD? WHO IS SERVED AND ARE THERE SIMILAR PROGRAMS IN THE SAME GEOGRAPHICAL AREA? IS THERE EVIDENCE OF COMMUNITY SUPPORT? 3. PEOPLE: DO KEY PERSONNEL HAVE THE NECESSARY EXPERTISE TO UNDERTAKE THE PROPOSED PROGRAM AND CAPABILITY TO REACH THE OBJECTIVES? IS THE MANAGEMENT WELL-ORGANIZED? DOES THE BOARD COMPOSITION REFLECT AN APPROPRIATE DIVERSITY OF SKILLS AND BACKGROUNDS? 4. FINANCIAL CONDITION: HOW DOES THE AGENCY MEET DAY-TO-DAY OPERATIONS? IS THERE A BROAD BASE OF SUPPORT? IF THERE IS AN OPERATIONAL DEFICIT, HOW DOES THE AGENCY INTEND TO MEET THE DEFICIT? DOES THE PROGRAM HAVE A CREDIBLE BUDGET? 5. IDENTIFIED NEED TO BE ADDRESSED: HAS AN IMPORTANT PROBLEM OF WORKABLE DIMENSIONS BEEN PRESENTED AND DATA BEEN GIVEN TO SUBSTANTIATE THE PROBLEM? 6. PROGRAM OBJECTIVES: WHAT WILL BE ACCOMPLISHED WITH THE PROPOSED FUNDING? ARE THE OBJECTIVES REALISTIC AND MEASURABLE? DO THEY RELATE TO THE STATED PROBLEM OR NEED? IF THIS IS A NEW ACTIVITY OR APPROACH, WHAT HAS BEEN LEARNED FROM RESEARCH OR A SIMILAR PROGRAM? 7. METHODS: ARE THE PLANS SUFFICIENTLY DETAILED? IS THERE EVIDENCE GIVEN THAT SUPPORT THE PROPOSED RESULTS? IS THE TIMETABLE FOR IMPLEMENTATION REALISTIC? 8. EVALUATION: IS THERE A PROCEDURE DESIGNED TO MEASURE ACCOMPLISHMENTS OR OBJECTIVES? 9. FUTURE/OTHER FUNDING: WHAT OTHER FUNDING SOURCES HAVE BEEN IDENTIFIED? IF THE PROGRAM IS TO BE CONTINUED BEYOND THE GRANT PERIOD, IS A VERIFIABLE PLAN PRESENTED FOR FUTURE FINANCIAL SUPPORT? IF THE DUE DILIGENCE INVESTIGATION DETERMINES THAT THE PROSPECTIVE GRANTEE QUALIFIES FOR A GRANT DISTRIBUTION, THE PROPOSAL WILL BE PRESENTED TO THE GRANTS COMMITTEE FOR CONSIDERATION. IF THE DUE DILIGENCE INVESTIGATION DETERMINES THAT THE PROSPECTIVE GRANTEE DOES NOT QUALIFY FOR A GRANT DISTRIBUTION, THE FOUNDATION WILL INFORM THE PROSPECTIVE GRANTEE, AND IF APPLICABLE, THE FUND ADVISOR WHO RECOMMENDED THE GRANT, OF THIS DECISION AND THE APPLICATION/RECOMMENDATION SHALL BE CONSIDERED REJECTED. PROPOSALS ARE PRESENTED BY THE FOUNDATION STAFF TO THE GRANTS COMMITTEE. GRANTS COMMITTEE RECOMMENDATIONS ARE THEN PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. STAFF AND THE GRANTS COMMITTEE MEMBERS WILL ANNUALLY REVIEW FUND AGREEMENTS THAT CLEARLY DESCRIBE DONOR INTENT AND THE PURPOSE FOR WHICH THE FUND WAS ESTABLISHED. STAFF AND GRANTS COMMITTEE MEMBERS WILL DISCUSS SUITABLE GRANTEES FOR DONOR ADVISED, FIELD-OF-INTEREST AND UNRESTRICTED FUNDS AT EACH GRANTS COMMITTEE MEETING. DONORS WILL BE ENCOURAGED TO REVIEW AGREEMENTS WITH THEIR PERSONAL ADVISORS. DONORS WILL ALSO BE ORIENTED TO FOUNDATION ADMINISTRATIVE FEES AND PROCEDURES FOR RECOMMENDING GRANTS, AND THEY WILL RECEIVE SEMI-ANNUAL REPORTS THAT DETAIL FUND ACTIVITY. FUND ADVISORS SHOULD EXPECT REGULAR COMMUNICATION FROM THE FOUNDATION, INCLUDING INFORMATION ON UNMET COMMUNITY NEEDS THAT COULD POSSIBLY BE SUPPORTED THROUGH THEIR FUNDS. FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS DON AND TED RUSHING HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 A COPY WILL BE PRESENTED TO THE BOARD FOR DISCUSSION, REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND STAFF ARE REQUIRED TO COMPLETE AND RETURN A STATEMENT EACH YEAR STATING THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY AND AGREE TO ABIDE BY ITS TERMS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING AT THE ORGANIZATION'S OFFICE. FORM 990, PART XII, LINE 2C THE BOARD AS A WHOLE IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND SELECTING THE INDEPENDENT FINANCIAL STATEMENT AUDITOR.