2014-08-13T07:49:47-05:00 2013-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 1000 CHARLOTTE NC 28204 990 2013-01-01 562035757 COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC COMM 3363799100 330 SOUTH GREENE STREET NO 100 GREENSBORO NC 274012659 JACQUELINE O'CONNELL TREASURER 3363799100 2014-08-12 1 KELLIANNE F BENSON P01345659 7043771678 2013 2015-11-30 17:44:51Z H WALKER SANDERS 330 SOUTH GREENE STREET NO 100 GREENSBORO NC 274012659 1156464 0 X N/A X 1997 NC SUPPORTS THE COMMUNITY FOUNDATION OF GRTR GREENSBORO IN STRENGTHENING LOCAL COMMUNITIES 9 7 0 7 0 0 0 545183 0 0 1958 -45060 46899 74401 48857 574524 46557 153749 0 0 0 0 0 0 0 60487 218031 107044 371780 -58187 202744 5395945 5614046 287964 300807 5107981 5313239 X THE FUND SERVES AS A SUPPORTING ORGANIZATION OF COMMUNITY FOUNDATION OF GREATER GREENSBORO TO ADMINISTER CHARITABLE FUNDS RELATING TO REAL PROPERTY. 1 0 216142 153749 GRANTS ARE MADE FOR THE BETTERMENT OF GREENSBORO, NORTH CAROLINA AND THE SURROUNDING AREA. 154538 THE COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND, ON BEHALF OF COMMUNITY FOUNDATION OF GREATER GREENSBORO, IS PLANNING, DESIGNING AND CONSTRUCTING A NEW PUBLIC PARK IN DOWNTOWN GREENSBORO. SEE SCHEDULE O FOR ADDITIONAL DETAIL. 370680 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JACQUELINE O'CONNELL 3363799100 330 SOUTH GREENE STREET GREENSBORO NC 274012659 JOHN BAKANE DIRECTOR, EX-OFFICIO 1.00 3.00 X 0 0 0 LOUISE BRADY DIRECTOR 1.00 X 0 0 0 LOWELL EASTER DIRECTOR 1.00 1.00 X 0 0 0 ALBERT S LINEBERRY JR DIRECTOR 1.00 X 0 0 0 ANN LINEWEAVER DIRECTOR 1.00 X 0 0 0 CHARLES L WEILL JR DIRECTOR 1.00 X 0 0 0 CHESTER H BROWN JR PRESIDENT 2.00 X X 0 0 0 H WALKER SANDERS VICE PRESIDENT 2.00 50.60 X X 0 193257 20704 JACQUELINE O'CONNELL TREASURER 2.00 45.70 X X 0 115890 16328 0 309147 37032 0 0 1 0 0 545183 545000 545183 3280 3280 533600 581940 -48340 -48340 -48340 OTHER INCOME 900099 74401 74401 74401 574524 0 0 29341 X 153749 153749 12106 12106 1100 1100 95748 95748 49796 49796 303 303 OTHER PROGRAM EXPENSES 58790 58790 MISCELLANEOUS 188 188 371780 370680 1100 0 275413 593555 4522459 124489 4447766 4397970 1175 -236 669591 592757 2000 30000 5395945 5614046 12964 25807 275000 275000 287964 300807 X 5107981 5313239 5107981 5313239 5395945 5614046 202744 2514 0 X 0 1 X 1 0 X X X 0 0 0 COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 561380249 7 1 1 1 153749 1 153749 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3786502 3786502 735957 124489 611468 4397970 LIMITED PARTNERSHIP INTEREST 592757 F 592757 DUE TO COMMUNITY FOUNDATION OF GREATER GREENSBORO 275000 275000 X PART X, LINE 2: IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND THE IMPACT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE COMBINED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED DURING 2013 AND 2012. 1 COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 561380249 501(C)(3) 153749 GENERAL SUPPORT 1 0 PART I, LINE 2: GRANTS WERE MADE TO COMMUNITY FOUNDATION OF GREATER GREENSBORO, OF WHICH THE FILING ORGANIZATION IS A TYPE I SUPPORTING ORGANIZATION. 0 0 0 0 0 0 0 0 0 H WALKER SANDERS VICE PRESIDENT 0 189447 0 0 0 3810 0 13300 0 7404 0 213961 0 0 X 1 545000 0 0 1 1 PART I, LINE 32B: THE ORGANIZATION MAY FROM TIME TO TIME UTILIZE THE ASSISTANCE OF THIRD PARTIES TO ASSIST IN SELLING NONCASH CONTRIBUTIONS. A MEMBER OF THE BOARD OF DIRECTORS OWNS A REAL ESTATE COMPANY AND THE COMPANY WILL ASSIST THE FOUNDATION WHEN REQUESTED IN LISTING VARIOUS PROPERTIES. ALL TRANSACTIONS ARE DONE AT FMV WITH BOARD APPROVAL. FORM 990, PART III, LINE 2 THE COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND, ON BEHALF OF COMMUNITY FOUNDATION OF GREATER GREENSBORO, IS PLANNING, DESIGNING AND CONSTRUCTING A NEW PUBLIC PARK IN DOWNTOWN GREENSBORO. A TENTATIVE OPENING OF THE PARK (WHICH IS SEEN AS THE CENTERPIECE OF A NEW "CULTURAL CAMPUS" DOWNTOWN) HAS BEEN SET FOR MARCH 2016. THE PARK IS MADE POSSIBLE THROUGH A GENEROUS DONOR'S BEQUEST TO BE USED "FOR THE CREATION OF A PUBLIC PARK FOR THE BENEFIT AND ENJOYMENT OF THE GENERAL POPULATION OF GREENSBORO, PARTICULARLY CHILDREN AND THEIR FAMILIES." THE CAROLYN AND MAURICE LEBAUER CITY PARK WILL PROVIDE EXCEPTIONAL RECREATIONAL EQUIPMENT AND ACTIVITIES, EDUCATIONAL OPPORTUNITIES AND PUBLIC ART, ALL WITHIN AN EXTREMELY ATTRACTIVE, WELL-LANDSCAPED SETTING. THE BEQUEST DIRECTS THE COMMUNITY FOUNDATION TO CARRY OUT AND ENSURE THE INTENT OF LEBAUER'S WISHES, AND UPON COMPLETION TO TRANSFER THE PARK TO THE CITY OF GREENSBORO. FORM 990, PART VI, SECTION A, LINE 2 CHESTER H. BROWN, JR., PRESIDENT, LOWELL EASTER, DIRECTOR, AND ALBERT S. LINEBERRY, JR., DIRECTOR, HAVE A BUSINESS RELATIONSHIP IN AN INVESTMENT CLUB, WHICH IS UNRELATED TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE COMMUNITY FOUNDATION OF GREATER GREENSBORO BOARD OF DIRECTORS APPOINTS ALL MEMBERS OF THE COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE OF COMMUNITY FOUNDATION OF GREATER GREENSBORO, COMPRISED OF ACCOUNTING AND FINANCIAL PROFESSIONALS, WILL REVIEW A DRAFT 990 AND WILL REPORT ANY CONCERNS TO COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND'S BOARD. ALL BOARD MEMBERS WILL BE PROVIDED WITH A DRAFT BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS ACKNOWLEDGE, IN WRITING, THEIR ADHERENCE TO THE CONFLICT OF INTEREST POLICY. EACH INDIVIDUAL LISTS SIGNIFICANT CIVIC, FINANCIAL, AND BUSINESS RELATIONSHIPS FOR THEMSELVES AND SPOUSE. THE LIST IS SUMMARIZED, REVIEWED, AND DISCUSSED AS NECESSARY. ANY DUALITY OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY MEMBER OF THE BOARD OF DIRECTORS OR THE STAFF SHALL BE DISCLOSED TO THE OTHER MEMBERS OF THE BOARD AND MADE A MATTER OF RECORD AS SOON AS THE ISSUES IN QUESTION ARE RAISED AND A POSSIBLE CONFLICT IS KNOWN. THAT PERSON SHALL NOT VOTE ON SUCH MATTER AND SHALL NOT ATTEMPT TO EXERT PERSONAL INFLUENCE IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS NO FULL-TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE ORGANIZATION ARE EMPLOYEES OF THE COMMUNITY FOUNDATION OF GREATER GREENSBORO ("CFGG") AND ARE SUBJECT TO COMPENSATION, CLASSIFICATION AND ALL OTHER PERSONNEL POLICIES OF CFGG. CFGG PERIODICALLY REVIEWS ITS CLASSIFICATION AND COMPENSATION STRUCTURE TO ENSURE REASONABLENESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE COMMUNITY FOUNDATION OF GREATER GREENSBORO'S WEBSITE. FORM 990, PART IX, LINE 11G DESIGN FEES: PROGRAM SERVICE EXPENSES 95,748. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,748. CFREMF REAL ESTATE HOLDINGS 1 LLC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 562035757 REAL ESTATE NC 2687014 COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC 407 E WASHINGTON STREET LLC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 273004585 REAL ESTATE NC 1501537 COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 561380249 COMMUNITY BETTERMENT NC 501(C)(3) LINE 7 N/A 0 STANLEY & DOROTHY FRANK FAMILY FOUNDATION 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 566513308 GRANTS NC 501(C)(3) LINE 11A, I COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 0 GATE CITY COMPANY 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 274012659 260706165 HOUSING NC 501(C)(3) LINE 11A, I COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 COMMUNITY FOUNDATION OF GREATER GREENSBORO INC B 153749 FMV COMMUNITY FOUNDATION OF GREATER GREENSBORO INC C 545183 FMV