2014-05-07T13:23:32-05:00 2013-12-31 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2013-01-01 351085585 Grace Brethren Investment Foundation Inc GRAC 5742675161 PO Box 587 Winona Lake IN 46590 Brenda Byers Director of Finance/Secretary 5742675161 2014-05-07 1 P00747006 3178852620 2013 2015-11-30 17:44:51Z Ken Seyfert PO Box 587 Winona Lake IN 46590 5522266 0 X www.gbif.com X 1955 IN Further the fellowship of Grace Brethren Churches' work and loan funds to the FGBC & affiliates 13 13 8 13 0 0 3 2 3354492 3408956 757798 613745 20705 19232 4132998 4041935 665500 682735 0 0 625951 652692 0 0 0 2459150 2326734 3750601 3662161 382397 379774 97140738 100059831 88720384 91264832 8420354 8794999 X See Schedule O for complete mission statement. 0 0 3076720 682735 3408956 Grace Brethren Investment Foundation assists in the extension of Christian work by contributing and loaning funds to Grace Brethren churches, conventions, or associations of churches, Grace Brethren schools, and affiliated organizations. The organization accomplishes this purpose by enabling individuals who support the objectives of the Fellowship to invest in funds which earn interest compounded daily and thereby to provide a source of funding, in the form of capital loans, for acquiring, developing, and remodeling land and buildings for churches, schools, and other associated organizations. 3076720 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X Brenda Byers 5742675161 PO Box 587 Winona Lake IN 46590 Ted Adomanis Chairman 8.00 X X 915 0 0 Ralph Hampton Director 4.00 X 649 0 0 Kent Semple Director 4.00 X 0 0 0 James Poyner Director 4.00 X 1018 0 0 David Coleman Director 4.00 X 0 0 0 Robert MacMillan Director 4.00 X 1724 0 0 Richard Stair Director 4.00 X 0 0 0 Jerry Michael Director 4.00 X 0 0 0 Josh Balmer Director 4.00 X 0 0 0 George Merchant Director 4.00 X 805 0 0 Phil Sparling Director 4.00 X 0 0 0 Howard Mayes Director 4.00 X 640 0 0 James Augspurger Director 4.00 X 0 0 0 Larry N Chamberlain part year Retiring President 40.00 X 85471 0 15646 Ken Seyfert New CEO/President 40.00 X 124788 0 29120 Brenda Byers Secretary/Treasurer 40.00 X 82565 0 27049 Ryan Bowell Vice President 40.00 X 31048 0 15428 329623 0 87243 1 0 1 0 0 2 2 INT/CHURCH LOANS 900099 3408956 3408956 3408956 616044 616044 58264 39032 19232 19232 19232 1439000 1441299 -2299 -2299 -2299 4041935 3408956 0 632977 682735 682735 411764 178341 233423 144547 105750 38797 12114 7911 4203 48426 30145 18281 35841 19354 16487 23989 23989 27000 27000 13070 3486 9584 62029 49623 12406 40349 32279 8070 43385 39046 4339 31831 25465 6366 65318 7707 57611 1885995 1885995 53678 53678 40309 40309 Invtmt/Loan Reserve 28716 28716 Securities Registration 8780 8780 2285 103 2182 3662161 3076720 585441 0 2774791 859519 38333084 40226365 100376 94912 1287726 556957 737361 730769 100000 55195126 58048266 97140738 100059831 699661 733713 88020723 90531119 88720384 91264832 X 8420354 8794999 8420354 8794999 97140738 100059831 379774 -5129 0 X X 0 1 X 1 0 X X X 0 0 0 GBCANADA USA 522094318 7 1 1 1 60000 GO2 CHURCH PLANTING MINISTRY 261325545 7 1 1 1 105000 ASSOC OF GRACE BRETHREN MINISTERS 953307208 9 1 1 1 27500 NORTHWEST CHAPEL GBC 311148543 1 1 1 1 60000 AUBURN GRACE COMMUNITY CHURCH 942842590 1 1 1 1 20000 THE GRACE TRUST 350992713 1 1 1 1 95000 GRACE SCHOOLS INC 350868095 2 1 1 1 50000 CE NATIONAL 351126967 1 1 1 1 20000 GRACE VILLAGE 351282401 1 1 1 1 15000 FELLOW OF GRACE BRETHREN CHURCH 351944640 1 1 1 1 95800 BRETHREN MISSIONARY HERALD 350877556 9 1 1 1 20000 WOMEN OF GRACE 351597909 1 1 1 1 12000 COMMUNITY GRACE BRETHREN CHURCH 351043361 1 1 1 1 8000 METRO-GRACE PHILADELPHIA 300224059 1 1 1 1 25000 CARIBBEAN VISION MINISTRIES 270848858 1 1 1 1 25000 THREE STRANDS 460539915 1 1 1 1 10000 Water for Good 320112278 1 0 1 1 10000 17 658300 116875 116875 881922 281999 599923 288929 274958 13971 730769 LOANS TO GRACE BRETHREN AFFILIATES 57813242 C ACCRUED INTEREST ON LOANS TO AFFILIATES 235024 C 58048266 INVESTOR DEPOSITS DUE ON DEMAND 89673962 INVESTOR DEPOSITS DUE OFFICERS, DIRECTORS, AND EMPLOYEES 857157 90531119 X 4075838 -5129 39032 33903 4041935 0 4041935 3701193 39032 39032 3662161 0 3662161 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 statements of activities. As of December 31, 2013, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The Foundation files information tax returns in the U.S. The Foundation is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2009. Part XI, Line 2d - Other Adjustments: Rental expenses included on Part VIII Line 6b 39,032. Part XII, Line 2d - Other Adjustments: Rental expenses included on Part VIII Line 6b 39,032. 1 GO2 CHURCH PLANTING MINISTRIES INC 320 N THIRD ST TELFORD PA 18969 261325545 501(c)(3) 105000 CHURCH PLANTING ASSOCIATION OF GRACE BRETHREN MINISTERS PO BOX 694 WINONA LAKE IN 46590 953307208 501(c)(3) 27500 CHURCH PLANTING NORTHWEST CHAPEL GRACE BRETHREN CHURCH 6730 RINGS ROAD PO BOX 1234 DUBLIN OH 43017 311148543 501(c)(3) 60000 CHURCH PLANTING AUBURN GRACE COMMUNITY CHURCH PO 6446 AUBURN CA 95604 942842590 501(c)(3) 20000 CHURCH PLANTING GBCANADA USA PO BOX 836 CHARLOTTE HALL MD 20622 522094318 501(c)(3) 60000 CHURCH PLANTING THE GRACE TRUST PO BOX 588 WINONA LAKE IN 46590 350992713 501(c)(3) 95000 ORGANIZATIONAL SUPPORT GRACE SCHOOLS INC 200 SEMINARY DRIVE WINONA LAKE IN 46590 350868095 501(c)(3) 50000 SCHOLARSHIPS CE NATIONAL 1003 PRESIDENTIAL DR WINONA LAKE IN 46590 351126967 501(c)(3) 20000 ORGANIZATIONAL SUPPORT GRACE VILLAGE 337 GRACE VILLAGE DR WINONA LAKE IN 46590 351282401 501(c)(3) 15000 DEFENDANT FUND FELLOWSHIP OF GRACE BRETHREN CHURCHES PO BOX 384 WINONA LAKE IN 46590 351944640 501(c)(3) 95800 ORGANIZATIONAL SUPPORT BRETHREN MISSIONARY HERALD PO BOX 576 WINONA LAKE IN 46590 350877556 501(c)(3) 20000 ORGANIZATIONAL SUPPORT WOMEN OF GRACE PO BOX 711 WINONA LAKE IN 46590 351597909 501(c)(3) 12000 ORGANIZATIONAL SUPPORT METRO-GRACE PHILADELPHIA 4706 COMLY ST PHILADELPHIA PA 19135 300224059 501(c)(3) 25000 ORGANIZATIONAL SUPPORT CARIBBEAN VISION MINISTRIES - TRINIDADIAN AND HAITIAN PO BOX 18317 PANAMA CITY BEACH FL 32417 270848858 501(c)(3) 25000 ORGANIZATIONAL SUPPORT COMMUNITY GRACE BRETHREN CHURCH INC 909 S BUFFALO ST WARSAW IN 46580 351043361 501(c)(3) 8000 ORGANIZATIONAL SUPPORT THREE STRANDS PO BOX 753 WINONA LAKE IN 46590 460539915 501(c)(3) 10000 ORGANIZATIONAL SUPPORT Water for Good PO Box 247 WiNONA LAKE IN 46590 320112278 501 (c) 3 10000 ORGANIZATIONAL SUPPORT 16 0 Part I, Line 2: Contributions are provided to organizations affiliated with the fellowship of Grace Brethren Churches (FGBC), with an emphasis given to church-planting endeavors. Contributions are based on year-end net income and are approved by the board of directors. Contributions may or may not be specifically designated. Organizations receiving contributions from the GBIF are required to respond with their intentions for use of the funds. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Ken Seyfert New CEO/President 91474 0 14162 0 19152 0 6774 0 22346 0 153908 0 0 0 Part I, Line 1a The organization paid for the President's wife to travel with him on business trips which is treated as taxable compensation. Form 990, Page 2, Part III, Line 1 (A) To asssist in the extension of Christian work by and through the agencies of the fellowship of Grace Brethren Churches and the agencies of this corporation, and to contribute and loan funds to Grace Brethren Churches, conventions or associations of churches, Grace Brethren schools, and affiliated organizations. (B) To provide funds for Biblical teaching, to assist evangelical work, to assist churches of Grace Brethren Faith and Grace Brethren Missionary Societies, and to assist and encourage men and women in the dedication of their lives to definite Christian services. (C) To receive, hold, borrow, invest, loan, and disburse funds; to own, mortgage, lease, rent, and sell real and personal property of all kinds in order to attain the aforesaid purposes. (D) To promote Christian religion through the fellowship of Grace Brethren Churches and to promote the charitable missionary institutions of the Fellowship of Grace Brethren Churches. (E) In furtherance of the aforesaid purposes, to transact any and all lawful business for which corporations may be incorporated under the act, provided such business is not inconsistent with the corporation being organized and operated exclusively for charitable purposes. (F) Notwithstanding the foregoing, the corporation is organized, and at all times thereafter will be operated, exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the fellowship of Grace Brethren Churches and its associated and affiliated churches, schools, and organizations. Form 990, Part VI, Section A, line 6 The organization has one class of members. The individual members of the corporation elect the Board of Directors and vote on changes to the corporate articles. Form 990, Part VI, Section A, line 7a See previous explanation for Form 990, Part VI, Section A, Line 6. Form 990, Part VI, Section A, line 7b See previous explanation for Form 990, Part VI, Section A, Line 6. Form 990, Part VI, Section B, line 11 The Form 990 is prepared and reviewed by an independent certified public accounting firm. The CFO and selected members of the governing board also review the Form 990. The final return, as filed with the IRS is then sent electronically to the full board prior to filing. Form 990, Part VI, Section B, line 12c A conflict of interest questionnaire is completed annually. Both officer and board members sign the policy. Potential conflicts are reviewed by the board of directors. Names of directors who may have conflict are noted in the board minutes; said directors abstain from voting. Form 990, Part VI, Section B, line 15 Executive care committee members, appointed by the Board of Directors and all of whom are independent, use comparable data from other not-for-profit organizations to review, evaluate, and compare compensation data for the CEO. The executive care committee then recommends the CEO's compensation package to the Board for approval. The Board of Directors also appoints the Finance Committee to review compensation and benefits paid to other employees and make appropriate recommendations. The governing board then deliberates and approves final compensation and benefit packages. The deliberations are recorded in the minutes. This process was last completed in 2013. Form 990, Part VI, Section C, line 19 These documents are availabile upon request. The annual report is distributed in various mailings throughout the year and also during the annual corporation meeting. Form 990, Page 12, Part XI, Line 2C: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditing firm. This process has not changed since the prior year. Fellowship of Grace Brethren Churches Inc PO Box 384 Winona Lake IN 46590 351944640 Religion; Spiritual Development IN 501(c)(3) 1 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Fellowship of Grace Brethren Church B 72500 Cash