2014-11-17T15:23:17-06:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP ONE SEAGATE SUITE 2650 TOLEDO OH 436041558 990 2013-01-01 341713261 THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION FIND 4194251100 101 W SANDUSKY STREET NO 207 FINDLAY OH 45840 KAREN SMITH CHIEF FINANCIAL OFFICER 4194251100 2014-11-14 1 RODERICK J MACLACHLAN P00332503 4192443711 2013 2015-11-30 17:44:51Z KATHERINE KREUCHAUF 101 W SANDUSKY STREET NO 207 FINDLAY OH 45840 34461942 0 X WWW.COMMUNITY-FOUNDATION.COM X 1988 OH THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION WILL IMPROVE THE QUALITY OF LIFE IN HANCOCK COUNTY THROUGH COLLABORATIVE LEADERSHIP, RESPONSIBLE GRANTMAKING, AND THE DEVELOPMENT OF PHILANTHROPIC GIVING. 9 9 11 241 0 0 3145824 3689380 3500 2500 2730099 5750405 38674 54989 5918097 9497274 1299618 2661478 0 0 583639 628827 0 0 392661 706998 810364 2590255 4100669 3327842 5396605 65773639 75624226 9803683 12474114 55969956 63150112 THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION WILL IMPROVE THE QUALITY OF LIFE IN HANCOCK COUNTY THROUGH COLLABORATIVE LEADERSHIP, RESPONSIBLE GRANTMAKING, AND THE DEVELOPMENT OF PHILANTHROPIC GIVING. 0 0 2638378 2085598 GRANTMAKING ORGANIZATION:AS A COMMUNITY FOUNDATION FOR THE ENTIRE COUNTY, THE ORGANIZATION FUNDS A WIDE RANGE OF INITIATIVES AND PROJECTS. USING THE ORGANIZATION'S UNRESTRICTED FUNDS, THE ORGANIZATION IS ABLE TO RESPOND TO PROPOSALS SUBMITTED BY NONPROFIT ORGANIZATIONS IN THE COUNTY. THE ORGANIZATION ALSO MAKES INVESTMENTS IN LONG-TERM INITIATIVES THAT IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY. MANY OF THE ORGANIZATION'S GRANTS ARE DETERMINED BY THE CHARITABLE INTERESTS OF THE ORGANIZATION'S DONORS. 53% OF THE GRANT DOLLARS AWARDED BY THE ORGANIZATION IN 2013 WERE FROM DESIGNATED, AGENCY, OR DONOR ADVISED FUNDS, MEANING DONORS OR ORGANIZATIONS DESIGNATE OR RECOMMEND THE NONPROFIT ORGANIZATIONS TO WHICH THE FUNDS ARE DISTRIBUTED. 300000 300000 THE FAMILY CENTER BUILDING:THE ORGANIZATION HAS A SUPPORTING ORGANIZATION THAT OPERATES A MULTI-TENANT NONPROFIT CENTER. THE BUILDING PROVIDES OFFICE AND MEETING SPACES FOR 14 NONPROFIT TENANTS AT BELOW MARKET RATES RESULTING IN LOWER ADMINISTRATIVE COSTS FOR THE TENANTS AND MORE RESOURCES TO PROVIDE SERVICES TO THEIR CLIENTS. THE ORGANIZATION HAS ASSUMED RESPONSIBILITY FOR THE MORTGAGE ON THE REAL ESTATE. IN 2013, THE ORGANIZATION PAID INTEREST OF $62,403 AND PRINCIPAL PAYMENTS OF $215,204 ON THE MORTGAGE. 329786 275880 2500 CAPACITY BUILDING:THE ORGANIZATION AWARDS GRANTS TO FUND CAPACITY BUILDING: ACTIVITIES THAT IMPROVE AND ENHANCE THE ABILITY OF HANCOCK COUNTY NONPROFIT AGENCIES TO ACHIEVE THEIR MISSIONS AND ENSURE LONG-TERM SUSTAINABILITY. MOST NOTABLY, THE ORGANIZATION FUNDS THE SCHNEIDER CIRCLE, A TWO-YEAR COHORT OF TWELVE NONPROFIT AGENCIES FOCUSED ON FUNDRAISING COACHING, LEADERSHIP TRAINING, AND CURRENT NONPROFIT TOPICS. CAPACITY BUILDING GRANTS ARE ALSO AWARDED IN THE AREAS OF BRANDING, BUSINESS MANAGEMENT CONSULTING, LEADERSHIP TRANSITION, STRATEGIC PLANNING, AND FUNDRAISING COACHING. 3268164 1 1 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 18 0 1 11 1 0 1 CJ 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X X KATHERINE KREUCHAUF 4194251100 101 W SANDUSKY STREET SUITE 207 FINDLAY OH 45840 PATRICIA J BROWN CHAIRPERSON 2.00 X X 0 0 0 MICHAEL S NEEDLER SECRETARY/VICE CHAIR 1.00 X X 0 0 0 GARRY L PEIFFER TREASURER 2.00 X X 0 0 0 GARY WILSON TRUSTEE 1.00 X 0 0 0 J ALEC REINHARDT TRUSTEE 2.00 X 0 0 0 CHARLES J YOUNGER TRUSTEE 2.00 X 0 0 0 SHERRI GARNER BRUMBAUGH SECRETARY 1.00 X X 0 0 0 RALPH RUSSO TRUSTEE 0.50 X 0 0 0 GENE STEVENS TRUSTEE 1.00 X 0 0 0 GWEN KUENZLI TRUSTEE 1.00 X 0 0 0 KATHERINE KREUCHAUF PRESIDENT 36.00 4.00 X 116262 0 18851 KAREN SMITH CHIEF FINANCIAL OFFICER 39.00 1.00 X 82700 0 16763 198962 0 35614 1 0 0 0 0 3689380 787748 3689380 CAPACITY BUILDING 561000 2500 2500 2500 2281889 2281889 28433184 24964668 3468516 3468516 3468516 ADMINISTRATIVE FEES 541200 54989 54989 54989 9497274 3526005 0 2281889 2661478 2661478 234576 81068 123295 30213 319940 131915 47441 140584 16408 6302 5052 5054 18389 7063 5662 5664 39514 15177 12166 12171 3408 1309 1049 1050 21400 21400 138247 138247 11117 4270 3423 3424 102549 10509 92040 34617 13296 10659 10662 26509 10182 8162 8165 40121 15410 12353 12358 1335 513 411 411 1453 558 447 448 62403 62403 22577 22577 10206 3920 3142 3144 61835 2956 58879 PROGRAMS & INITIATIVES 242833 242833 STAFF DEVELOPMENT 15606 5994 4805 4807 MEMBERSHIPS & DUES 11646 4473 3586 3587 2502 2502 4100669 3268164 439844 392661 24064 766704 2793029 839547 147000 65546 4193 5077 104896 63246 45368 41650 42594925 49109636 20065299 24696305 99761 99761 65773639 75624226 21670 19598 533002 836464 3265615 3050411 5983396 8567641 9803683 12474114 X 54171507 61077170 506155 647507 1292294 1425435 55969956 63150112 65773639 75624226 X 5396605 4042694 -2259143 X X 0 1 X 1 0 X 1324673 2701228 1397704 3145824 3689380 12258809 1324673 2701228 1397704 3145824 3689380 12258809 5019073 7239736 1659475 2054896 2746926 2255180 2281889 10998366 80130 39202 60199 42174 57489 279194 23536369 0.30760 0.35140 X OTHER INCOME PART II, LINE 10 DESCRIPTION: ADMINISTRATIVE FEES 2009: 45,275 2010: 39,202 2011: 56,499 2012: 38,674 2013: 54,989 DESCRIPTION: PROGRAM SERVICE REVENUE 2009: 34,855 2010: 0 2011: 3,700 2012: 3,500 2013: 2,500 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27 227433 352283 4671833 1 1 58982036 2565574 9805166 2122246 3195048 66035482 51477761 2781746 7256660 1379099 1155032 58982036 55197000 1190260 -2508568 1700376 700555 51477761 50581464 2281635 6961443 1568751 3058791 55197000 40234155 767358 11660483 1534633 545899 50581464 0.05210 0.94340 0.00450 0 0 7692 4661 3031 97204 58585 38619 41650 PRIVATE EQUITY FUNDS 5157840 F COMMON TRUST FUNDS 11710773 F EXCHANGE TRADED FUNDS 6446282 F EXCHANGE TRADED NOTES 1152678 F MISCELLANEOUS INVESTMENTS 228732 F 24696305 ANNUITY PAYABLE 1711708 REMAINDER TRUST PAYABLE 2521982 FUNDS HELD FOR AGENCIES 4333951 8567641 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE FEDERAL TAX RETURNS OF THE ORGANIZATION FOR 2010 THROUGH 2013 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, WHICH IS GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE ORGANIZATION DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS. 1 CENTRAL AMERICA 0 0 INVESTMENTS 4020288 0 0 0 0 0 0 4020288 0 4020288 0 0 0 1 0 0 PART I, LINE 2: THE ORGANIZATION DOES NOT AWARD GRANTS OUTSIDE THE UNITED STATES. 1 AMERICAN RED CROSS 125 FAIR STREET FINDLAY OH 45840 530196605 501(C)(3) 28250 FAMILY NETWORK ARTS PARTNERSHIP 618 S MAIN STREET FINDLAY OH 45840 341278627 501(C)(3) 96765 SUPPORT BLANCHARD VALLEY CENTER 1700 E SANDUSKY STREET FINDLAY OH 45840 346940060 170(C)(1) 21396 RESIDENCE BLANCHARD VALLEY HEALTH 1900 S MAIN STREET FINDLAY OH 45840 341370522 501(C)(3) 21504 SUPPORT BLANCHARD VALLEY HEALTH 1900 S MAIN STREET FINDLAY OH 45840 341369963 501(C)(3) 72817 DISARMING DIABETES BOY SCOUTS OF AMERICA BS 2100 BROAD AVENUE FINDLAY OH 45840 346536818 501(C)(3) 9708 CAPITAL CAMPAIGN CAMP FIRE NORTHWEST OHIO 305 WEST HARDIN STREET FINDLAY OH 45840 344433241 501(C)(3) 27750 STRATEGIC PLAN CANCER PATIENT SERVICES 1800 N BLANCHARD STREET FINDLAY OH 45840 344491513 501(C)(3) 160250 PROGRAMMING CENTURY HEALTH 1918 N MAIN STREET FINDLAY OH 45840 341207678 501(C)(3) 26052 STRATEGIC PLAN CHILDREN'S MENTORING 305 E LINCOLN STREET FINDLAY OH 45840 341777601 501(C)(3) 15250 MENTORING CITY MISSION 510 W MAIN CROSS STREET FINDLAY OH 45840 510137853 501(C)(3) 13068 SUPPORT FINDLAY YOUTH FOR CHRIST 10111 RT 224 W FINDLAY OH 45840 341033647 501(C)(3) 5250 SUPPORT FINDLAY CITY SCHOOLS 1219 W MAIN CROSS STREET FINDLAY OH 45840 346400447 170(C)(1) 83450 CURRICULUM FINDLAY DIGITAL ACADEMY 1219 W MAIN CROSS STREET FINDLAY OH 45840 200753962 170(C)(1) 7500 MENTORING FINDLAY CHAMBER FOUNDATION 123 E MAIN STREET FINDLAY OH 45840 341170594 501(C)(3) 90500 MAIN STREET FINDLAY-HANCOCK LIBRARY 206 BROADWAY FINDLAY OH 45840 346400446 170(C)(1) 32201 COMMUNITY READING FIRST LUTHERAN CHURCH 109 E LINCOLN STREET FINDLAY OH 45840 344430714 501(C)(3) 9099 SUPPORT FIRST PRESBYTERIAN CHURCH 2330 S MAIN STREET FINDLAY OH 45840 344427937 501(C)(3) 65439 SUPPORT FLAG CITY HONOR FLIGHT 201 W HOBART AVE FINDLAY OH 45840 274654786 501(C)(3) 85350 SUPPORT HABITAT FOR HUMANITY 2042 TIFFIN AVENUE FINDLAY OH 45840 581285159 501(C)(3) 68113 HOME REPAIRS CHRISTIAN CLEARING HOUSE 1800 N BLANCHARD STREET FINDLAY OH 45840 371756789 501(C)(3) 24932 LEADERSHIP TRAINING AGENCY ON AGING 339 E MELROSE AVE FINDLAY OH 45840 237083593 501(C)(3) 17000 STRATEGY HANCOCK COUNTY AG SOCIETY PO BOX 148 FINDLAY OH 45839 344445804 501(C)(3) 5002 JUNIOR FAIR HANCOCK COUNTY AUDITOR 300 S MAIN STREET FINDLAY OH 45840 346400608 170(C)(1) 32000 NEW CEILING SAFE & HEALTHY CHILDREN 1900 CHAPEL DRIVE FINDLAY OH 45840 203265065 501(C)(3) 50543 SUSTAINABILITY HANCOCK COUNTY PERFORMING 101 W SANDUSKY STREET FINDLAY OH 45840 460912382 501(C)(3) 906018 FISCAL SPONSOR HANCOCK HISTORICAL MUSEUM 725 S MAIN STREET FINDLAY OH 45840 237065550 501(C)(3) 5644 SUPPORT HOPE HOUSE 1800 N BLANCHARD STREET FINDLAY OH 45840 341655764 501(C)(3) 15058 SUPPORT LAKESIDE CHAUTAUQUA 236 WALNUT STREET LAKESIDE OH 43440 204072755 501(C)(3) 27500 SUPPORT MACKLIN INSTITUTE 15100 BIRCHAVEN LANE FINDLAY OH 45840 300109669 501(C)(3) 26129 SUPPORT MAZZA ENTHUSIASTS 1000 N MAIN STREET FINDLAY OH 45840 344431169 501(C)(3) 74622 SUPPORT OWENS COMMUNITY COLLEGE PO BOX 10000 TOLEDO OH 43699 201625785 501(C)(3) 10000 ENCORE PROGRAM SPECIAL KIDS THERAPY 1700 E SANDUSKY STREET FINDLAY OH 45840 341948005 501(C)(3) 6000 EQUIPMENT TERRA COMMUNITY COLLEGE 2830 NAPOLEON ROAD FREMONT OH 43420 341650500 501(C)(3) 10000 SCHOLARSHIP UNITED WAY 245 STANFORD PARKWAY FINDLAY OH 45840 346408694 501(C)(3) 66483 SUPPORT UNIVERSITY OF FINDLAY 1000 N MAIN STREET FINDLAY OH 45840 344431169 501(C)(3) 11467 SUPPORT YMCA 300 E LINCOLN STREET FINDLAY OH 45840 344428263 501(C)(3) 13957 SUPPORT PART I, LINE 2: ANNUALLY, THE ORGANIZATION'S BOARD APPROVES A POOL OF MONEY FOR PRESIDENTIAL DISCRETIONARY GRANTS ($20,000), EDUCATION GRANTS ($60,000), AND "HANCOCK READS" GRANTS ($10,000). THE MAXIMUM GRANT AMOUNT FOR THE PRESIDENTIAL DISCRETIONARY POOL IS $2,500. THE MAXIMUM GRANT AMOUNT FOR AN EDUCATION POOL GRANT IS $6,000. THERE IS NO INDIVIDUAL MAXIMUM GRANT AMOUNT FOR THE "HANCOCK READS" POOL. THE YOUTH IN PHILANTHROPY (YIP) GRANTS ARE DETERMINED BY A STUDENT COMMITTEE. THE DOLLARS GRANTED BY THE COMMITTEE ARE ONE HALF OF THE AVAILABLE TO SPEND FROM A YOUTH MEMORIAL FUND AND DOLLARS RAISED BY THE YOUTH IN PHILANTHROPY STUDENT GROUP. HISTORICALLY THE TOTAL YIP GRANTS AVEAGE $1,500 ANNUALLY. THE TRUSTEES HAVE DELEGATED APPROVAL OF THE GRANTS FROM THESE POOLS OF MONEY TO THE PRESIDENT AND THE RESPECTIVE COMMITTEES. THE TRUSTEES REVIEW ALL GRANTS MADE FROM THESE FUNDS BUT DO NOT FORMALLY APPROVE THE GRANTS. ALL OTHER GRANTS ARE APPROVED BY THE ORGANIZATION'S BOARD. GRANTEES ARE REQUIRED TO SUBMIT A COPY OF THEIR IRS DETERMINATION LETTER WITH THEIR APPLICATION. GRANTEES ARE REQUIRED TO SUBMIT REPORTS AT 6 MONTH INTERVALS AFTER RECEIVING GRANT FUNDS. A FINAL REPORT IS REQUIRED ONCE THE PROJECT HAS BEEN COMPLETED. A PROCESS IS IN PLACE TO ENSURE THE PROGRAM OFFICERS ARE RECEIVING THE INTERIM AND FINAL REPORTS ON A TIMELY BASIS. PROGRAM OFFICERS REVIEW THE REPORTS FOR DISCREPANCIES. ANY MATERIAL DISCREPANCIES ARE REPORTED TO THE BOARD. X 6 682252 STOCK MARKET X PROMISSORY NO 1 99207 NOTE BALANCE X LIFE INSURANC 1 6290 CASH SURRENDER VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION'S BANK SELLS CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD WAS PROVIDED A COPY OF THE FORM 990 TO REVIEW EXCEPT FOR SCHEDULE B PRIOR TO FILING THE FORM 990. THE BOARD WAS GIVEN THE OPPORTUNITY TO ASK QUESTIONS AND PROVIDE COMMENTS ABOUT THE FORM 990 TO THE CHIEF FINANCIAL OFFICER AND/OR THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY OFFICERS, TRUSTEES, COMMITTEE MEMBERS, AND EMPLOYEES ARE PROVIDED A COPY OF THE FOUNDATION'S "CONFLICT OF INTEREST, CONFIDENTIALITY, AND ETHICAL PRINCIPLES POLICY". EACH PERSON THAT RECEIVES THE POLICY IS ASKED TO SIGN A STATEMENT OF AFFIRMATION REGARDING THE POLICY AND COMPLETE A QUESTIONNAIRE DISCLOSING ANY CONFLICT OF INTEREST. ALL QUESTIONNAIRES ARE REVIEWED BY THE BOARD CHAIR, PRESIDENT, AND THE FINANCE OFFICER FOR ANY POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE BOARD OF TRUSTEES ACTIVELY MONITORS AND EVALUATES THE PRESIDENT. THE BOARD CHAIR AND VICE CHAIR COMPRISE THE PERSONNEL COMMITTEE. THE PERSONNEL COMMITTEE REVIEWS SALARY AND BENEFIT REPORTS AND SURVEYS FROM THE COUNCIL ON FOUNDATIONS AND FORMS 990 OF SIMILAR NONPROFITS. EVERY THREE YEARS THE ORGANIZATION HIRES A CONSULTANT TO CONDUCT A SALARY REVIEW. BASE SALARY CONSIDERS THE CONTRIBUTION OF EACH POSITION TO THE FOUNDATION'S OVERALL GOALS. IT ALSO REFLECTS THE COMPETITIVE COMPENSATION PHILOSOPHY IN THE CONTEXT OF THE FOUNDATION'S ROLE AS A COMMUNITY AND PHILANTHROPIC LEADER. THE FOUNDATION TARGETS SALARY RANGE MIDPOINTS TO THE MARKET AVERAGE FOR EACH SPECIFIC MARKET IN WHICH IT COMPETES. RELATIVE INTERNAL VALUES FOR POSITIONS ARE DETERMINED THROUGH THE USE OF THE FOLLOWING METHODOLOGY: *SCOPE & IMPACT - THE BREADTH OF THE JOB AND IMPACT OF THE ACTIONS OF THE IMCUMBENT WITHIN AND OUTSIDE THE FOUNDATION. *LATITUDE OF ACTION - THE EXTENT TO WHICH THE POSITION GIVES THE INCUMBENT FREEDOM TO MAKE DECISIONS AND AUTHORITY TO TAKE ACTIONS WITHOUT PRIOR APPROVAL OF THE SUPERVISOR. *WORKING RELATIONSHIPS - THE EXTENT TO WHICH EFFECTIVE CONTACTS WITH PEOPLE INSIDE AND OUTSIDE THE FOUNDATION ARE ESSENTIAL TO PERFORMANCE IN THE POSITION. *DECISION MAKING - THE COMPLEXITY OF DECISIONS REQUIRED, THE NUMBER OF FACTORS THE DECISION MAKER MUST TAKE INTO ACCOUNT, THE LEVEL OF INDIVIDUALS INVOLVED, THE TIME PRESSURES, THE CONSEQUENCES OR IMPACT OF THE DECISION, AND THE FREQUENCY WITH WHICH DECISIONS HAVE TO BE MADE. *KNOWLEDGE AND SKILL - THE EXTENT TO WHICH PROFESSIONAL QUALIFICATIONS, EXPERIENCE, AND SKILLS ARE REQUIRED TO CARRY THE RESPONSIBILITIES OF THE POSITION. *MARKET ANALYSIS - THE ACTUAL PAY FOR JOBS OF SIMILAR SCOPE AND CONTENT IN THE SELECTED MARKET. COMPENSATION IS DEEMED "REASONABLE" IF THE AMOUNT PAID WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES UNDER THE CIRCUMSTANCES. LINE 15B: THE SAME SOURCES OF INFORMATION NOTED ABOVE ARE UTILIZED TO DETERMINE REASONABLE COMPENSATION AND BENEFITS FOR OTHER EMPLOYEES. THE BOARD APPROVES COMPENSATION AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE PROVIDED TO ANYONE WHO REQUESTS THEM. THE ORGANIZATION'S ANNUAL REPORT WHICH IS MAILED TO FUND REPRESENTATIVES AND A LARGE NUMBER OF DONORS INCLUDES A CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION AND STATEMENT OF ACTIVITIES. THE BOARD APPROVES THE OPERATING BUDGET FOR THE FOLLOWING YEAR IN NOVEMBER. QUARTERLY, BOTH THE FINANCE & INVESTMENT COMMITTEE AND THE BOARD REVIEW INTERNALLY PREPARED FINANCIAL STATEMENTS AND YEAR-TO-DATE ACTUAL COMPARED TO YEAR-TO-DATE BUDGETED OPERATING AMOUNTS. QUARTERLY THE FINANCE & INVESTMENT COMMITTEE MEETS WITH THE ORGANIZATION'S INVESTMENT ADVISOR TO REVIEW INVESTMENT RESULTS. THE ORGANIZATION HAS A POLICY REGARDING THE PUBLIC AVAILABILITY OF ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY. FORM 990, PART XI, LINE 9: LINE 9 - OTHER CHANGES IN NET ASSETS INCLUDE THE FOLLOWING AMOUNTS NOT -2,259,143. REPORTED ON FORM 990 PARTS VIII & IX: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - ($2,235,503), RETURNED GRANTS - $8,360, WRITEDOWN OF PROMISSORY NOTE - ($32,000). FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS IN CHARGE OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPEDENT ACCOUNTANT. THE AUDIT COMMITTEE DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS. THE AUDIT COMMITTEE HIRED A NEW AUDIT FIRM IN 2009 FOR THE 2009 THROUGH 2011 AUDITS. IN 2012 A TWO YEAR EXTENSION OF THE AUDIT ENGAGEMENT WAS APPROVED. THE PRIOR AUDIT FIRM HAD PERFORMED THE ORGANIZATION'S AUDITS FOR THE PRIOR NINE YEARS. THE HANCOCK PROPERTIES FOUNDATION 101 W SANDUSKY STREET SUITE 207 FINDLAY OH 45840 270121577 REAL ESTATE RENTAL OH 501(C)(3) LINE 11A, I FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION 1 FRANK A & ANNETTE GUGLIELMI FOUNDATION 101 W SANDUSKY STREET SUITE 207 FINDLAY OH 45840 341962887 GRANTMAKING OH 501(C)(3) LINE 11A, I FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 THE HANCOCK PROPERTIES FOUNDATION Q 54718 CASH PART V, LINE L: THE ORGANIZATION'S PRESIDENT IS RESPONSIBLE FOR SUPERVISING THE MANAGEMENT OF THE FAMILY CENTER BUILDING, THE MULTI-TENANT NONPROFIT CENTER OWNED BY THE HANCOCK PROPERTIES FOUNDATION. THE STAFF OF THE ORGANIZATION PERFORMS ACCOUNTING AND ADMINISTRATIVE FUNCTIONS FOR THE HANCOCK PROPERTIES FOUNDATION. THE ORGANIZATION DOES NOT ASSESS A FEE TO THE HANCOCK PROPERTIES FOUNDATION FOR THE SERVICES.