CHARLEVOIX COUNTY COMMUNITY FOUNDATION: Form 990, tax year 2012
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- Organization
- CHARLEVOIX COUNTY COMMUNITY FOUNDATION (EIN 38-3033739)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-15
- IRS object ID
- 201302279349304015
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-15T15:57:24-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASON KAMMERMANN & ROHRBACK P C | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 PARK AVENUE | AddressLine1 |
| City | CHARLEVOIX | City |
| State | MI | State |
| ZIP Code | 49720 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383033739 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLEVOIX COUNTY COMMUNITY | BusinessNameLine1 |
| Business Name Line2 | FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHAR | NameControl |
| Phone | 2315362440 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 718 | AddressLine1 |
| City | EAST JORDAN | City |
| State | MI | State |
| ZIP Code | 49727 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT A HANSEN JR | Name |
| Title | PRESIDENT | Title |
| Phone | 2315362440 | Phone |
| Date Signed | 2013-08-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | VELDA K KAMMERMANN | Name |
| Phone | 2315474911 | Phone |
| Date Prepared | 2013-08-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROBERT A HANSEN JR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 311 | AddressLine1 |
| City | EAST JORDAN | City |
| State | MI | State |
| ZIP Code | 49727 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3875692 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.C3F.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1991 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | AWARDING GRANTS AND SCHOLARSHIPS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 1725685 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1920010 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2634 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2403 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1052577 | InvestmentIncomePriorYear |
| Investment Income Current Year | 661481 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2780896 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2583894 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 963688 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1034208 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 237457 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 250338 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 64416 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 137345 | OtherExpensePriorYear |
| Other Expenses Current Year | 150636 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1338490 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1435182 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1442406 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1148712 | RevenuesLessExpensesCY |
| Total Assets BOY | 21993193 | TotalAssetsBOY |
| Total Assets EOY | 25264396 | TotalAssetsEOY |
| Total Liabilities BOY | 1785299 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1928170 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 20207894 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 23336226 | NetAssetsOrFundBalancesEOY |
| Mission Description | AWARDING GRANTS AND SCHOLARSHIPS | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 1230873 | Expense |
| Grants | 1034208 | Grants |
| Revenue | 2403 | Revenue |
| Description | THE ORGANIZATION SERVES THE COUNTY OF CHARLEVOIX, MICHIGAN, THROUGH THE AWARDING OF GRANTS TO OTHER NON-PROFIT ORGANIZATIONS AND SCHOLARSHIPS TO STUDENTS. | Description |
| Total Program Service Expense | 1230873 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 6 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 6 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | true | Form8899Filed |
| Form1098 C Filed | true | Form1098CFiled |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT A HANSEN JR | NamePerson |
| Telephone Number | 2315362440 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 507 WATER STREET | AddressLine1 |
| City | EAST JORDAN | City |
| State | MI | State |
| ZIP Code | 49727 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BILL ATEN | ||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 |
| VALERIE SNYDER | ||||||
| VICE-CHAIRMA | 2.00 | X | X | 0 | 0 | 0 |
| FAY KEANE | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| DON SPENCER | ||||||
| CORPORATE SE | 2.00 | X | X | 0 | 0 | 0 |
| HUGH CONKLIN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MIKE HINKLE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JIM HOWELL | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JOHN KEMPTON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DAVE LEUSINK | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| BARBARA MALPASS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LINDA MUELLER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PAT O'BRIEN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| RACHEL SWISS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CONNIE WOJAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ROBERT HANSEN JR | ||||||
| PRESIDENT | 40.00 | X | 88391 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 88391 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| All Other Contributions | 1920010 | AllOtherContributions |
| Noncash Contributions | 822867 | NoncashContributions |
| Total Contributions | 1920010 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROPERTY RENTAL-FOR PROGRAMS | Description |
| Total Revenue Column | 2403 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2403 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2403 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 266564 | TotalRevenueColumn |
| Exclusion | $266,564 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1686715 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1291798 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 394917 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 394917 | TotalRevenueColumn |
| Exclusion | $394,917 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2583894 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2403 | RelatedOrExemptFunctionIncome |
| Exclusion | $661,481 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 921335 | Total |
| Program Services | 921335 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112873 | Total |
| Program Services | 112873 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88391 | Total |
| Program Services | 30937 | ProgramServices |
| Management And General | 39776 | ManagementAndGeneral |
| Fundraising | 17678 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45374 | Total |
| Program Services | 24956 | ProgramServices |
| Management And General | 13612 | ManagementAndGeneral |
| Fundraising | 6806 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80825 | Total |
| Program Services | 44454 | ProgramServices |
| Management And General | 24247 | ManagementAndGeneral |
| Fundraising | 12124 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9773 | Total |
| Program Services | 4570 | ProgramServices |
| Management And General | 3536 | ManagementAndGeneral |
| Fundraising | 1667 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8904 | Total |
| Program Services | 4164 | ProgramServices |
| Management And General | 3221 | ManagementAndGeneral |
| Fundraising | 1519 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17071 | Total |
| Program Services | 7983 | ProgramServices |
| Management And General | 6176 | ManagementAndGeneral |
| Fundraising | 2912 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 660 | Total |
| Management And General | 660 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14090 | Total |
| Program Services | 7750 | ProgramServices |
| Management And General | 4227 | ManagementAndGeneral |
| Fundraising | 2113 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26306 | Total |
| Program Services | 14468 | ProgramServices |
| Management And General | 7892 | ManagementAndGeneral |
| Fundraising | 3946 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17376 | Total |
| Program Services | 9556 | ProgramServices |
| Management And General | 5213 | ManagementAndGeneral |
| Fundraising | 2607 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16436 | Total |
| Program Services | 9040 | ProgramServices |
| Management And General | 4931 | ManagementAndGeneral |
| Fundraising | 2465 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12138 | Total |
| Program Services | 6676 | ProgramServices |
| Management And General | 3641 | ManagementAndGeneral |
| Fundraising | 1821 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21542 | Total |
| Program Services | 11849 | ProgramServices |
| Management And General | 6462 | ManagementAndGeneral |
| Fundraising | 3231 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5247 | Total |
| Management And General | 5247 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SUPPLIES | 15565 | 8560 | 4670 | 2335 |
| CONSULTING SERVICES | 13551 | 7453 | 4065 | 2033 |
| DUES & SUBSCRIPTIONS | 7225 | 3974 | 2167 | 1084 |
| WEBSITE | 500 | 275 | 150 | 75 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1435182 | Total |
| Program Services | 1230873 | ProgramServices |
| Management And General | 139893 | ManagementAndGeneral |
| Fundraising | 64416 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1964143 | BOY |
| EOY | 2576206 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113623 | BOY |
| EOY | 67262 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2836 | BOY |
| EOY | 3612 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 69267 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 40708 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33806 | BOY |
| EOY | 28559 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19833875 | BOY |
| EOY | 22444548 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44585 | BOY |
| EOY | 44585 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 325 | BOY |
| EOY | 99624 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21993193 | BOY |
| EOY | 25264396 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14186 | BOY |
| EOY | 19499 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 345168 | BOY |
| EOY | 248248 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 330289 | BOY |
| EOY | 283891 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1095656 | BOY |
| EOY | 1376532 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1785299 | BOY |
| EOY | 1928170 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 159666 | BOY |
| EOY | 152537 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3171497 | BOY |
| EOY | 5691457 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16876731 | BOY |
| EOY | 17492232 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20207894 | BOY |
| EOY | 23336226 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21993193 | BOY |
| EOY | 25264396 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1148712 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2039595 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -59975 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1803750 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1053198 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 898584 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1725685 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1920010 | CurrentTaxYear |
| Total | 7401227 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1803750 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1053198 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 898584 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1725685 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1920010 | CurrentTaxYear |
| Total | 7401227 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2425147 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4976080 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 368472 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 337831 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 461714 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 468798 | CurrentTaxYearMinus1Year |
| Current Tax Year | 266564 | CurrentTaxYear |
| Total | 1903379 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 248838 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | -292943 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | -65807 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 583779 | CurrentTaxYearMinus1Year |
| Current Tax Year | 394917 | CurrentTaxYear |
| Total | 868784 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 10173390 | TotalSupport |
| Gross Receipts From Admissions Etc | 17372 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.48910 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.44390 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 56 | NumberDAFsHeld |
| Donor Advised Contributions | 1188081 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 538084 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 5819757 | AggregateDAFValue |
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
| Agent Trustee Etc | true | AgentTrusteeEtc |
| Beginning Balance | 330289 | BeginningBalance |
| Additions During Year | 26220 | AdditionsDuringYear |
| Distributions During Year | 72618 | DistributionsDuringYear |
| Ending Balance | 283891 | EndingBalance |
| Included On FS | true | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18989704 | BeginningOfYearBalance |
| Contributions | 778621 | Contributions |
| Investment Earnings Or Losses | 2669256 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 425665 | GrantsOrScholarships |
| Other Expenditures | 384778 | OtherExpenditures |
| End Of Year Balance | 21627138 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19865356 | BeginningOfYearBalance |
| Contributions | 370476 | Contributions |
| Investment Earnings Or Losses | -498062 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 381997 | GrantsOrScholarships |
| Other Expenditures | 366069 | OtherExpenditures |
| End Of Year Balance | 18989704 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17650131 | BeginningOfYearBalance |
| Contributions | 303810 | Contributions |
| Investment Earnings Or Losses | 2706695 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 450159 | GrantsOrScholarships |
| Other Expenditures | 345121 | OtherExpenditures |
| End Of Year Balance | 19865356 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13833157 | BeginningOfYearBalance |
| Contributions | 395647 | Contributions |
| Investment Earnings Or Losses | 3961180 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 246418 | GrantsOrScholarships |
| Other Expenditures | 293435 | OtherExpenditures |
| End Of Year Balance | 17650131 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19879097 | BeginningOfYearBalance |
| Contributions | 495560 | Contributions |
| Investment Earnings Or Losses | -5574598 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 586956 | GrantsOrScholarships |
| Other Expenditures | 379946 | OtherExpenditures |
| End Of Year Balance | 13833157 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.09000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.91000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 23100 | InvestmentCostOrOtherBasis |
| Depreciation | 3850 | Depreciation |
| Book Value | 19250 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 46167 | InvestmentCostOrOtherBasis |
| Depreciation | 36858 | Depreciation |
| Book Value | 9309 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 28559 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FUNDS HELD ON BEHALF OF AGENCIES | $1,376,532 |
| EXPECTED FUTURE PAYMENTS TO BENEF. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1376532 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 4623489 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2039595 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 2039595 | RevenueNotRptdF990 |
| Revenue Subtotal | 2583894 | RevenueSubtotal |
| Total Revenue Per Form990 | 2583894 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1485157 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 49975 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 49975 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1435182 | ExpensesSubtotal |
| Total Expenses Per Form990 | 1435182 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ESCROW LIABILITY ARRANGEMENT EXPLANATION | SCHEDULE D, PAGE 2, PART IV, LINE 2B | THE FOUNDATION HOLDS AND INVESTS FUNDS THAT OTHER 501(C)(3) ORGANIZATIONS HAVE DESIGNATED FOR CAPITAL PROJECTS. THESE AMOUNTS ARE RECORDED AS A CUSTODIAL ACCOUNT LIABILITY. |
| INTENDED USES FOR ENDOWMENT FUNDS | SCHEDULE D, PAGE 2, PART V, LINE 4 | NET INCOME SHALL BE DISTRIBUTED FROM THE FUND FOR THE CHARITABLE PURPOSE OF THE FUND. THE TERM "NET INCOME" MEANS THE AMOUNT AVAILABLE FOR DISTRIBUTION FROM THE FUND UNDER THE FOUNDATION'S SPENDING POLICY IN EFFECT FROM TIME TO TIME. THE PRINCIPAL OF THE FUND SHALL REMAIN INTACT AND NOT BE SUBJECT TO DISTRIBUTION, ABSENT UNUSUAL CIRCUMSTANCES. |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | DISTRIBUTIONS ON SPLIT INTEREST AGREEMENTS 49,975 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED SCHEDULE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Cash Grant | 827304 | AmountOfCashGrant |
| Purpose Of Grant | SEE ATTACHED SCHEDUL | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 48 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | EDUCATIONAL INSTITUTIONS | TypeOfGrant |
| Number Of Recipients | 90 | NumberOfRecipients |
| Amount Of Cash Grant | 112873 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | THERE ARE A NUMBER OF CHECK POINTS IN THE LIFE OF A GRANT TO HELP MONITOR THAT THE GRANT WAS USED BY AND ORGANIZATION FOR ITS INTENDED PURPOSE: -AFTER THE FOUNDATION APPROVES A GRANT FOR DISTRIBUTION TO AN ORGANIZATION, IT SENDS EACH GRANTEE A GRANT NOTIFICATION LETTER, A GRANT AGREEMENT, A FINANCIAL REPORT FORM AND/OR A FINAL REPORT FORM. THE PURPOSE OF THESE FORMS IS TO SPECIFY THE AMOUNT AND PURPOSE OF THE GRANT, AND THE SPECIFIC REPORTING REQUIREMENTS OF THE GRANTEE AT THE END OF THE GRANT PERIOD AS TO HOW THE FUNDS WERE USED. -IF THE GRANT IS FOR THE PURCHASE OF A SPECIFIC ITEM, THE FOUNDATION WILL REQUIRE THE GRANTEE PROVIDE A RECEIPT AS PROOF OF PURCHASE. THE FOUNDATION STAFF USES THE MEETING OF THE GRANTEES' GOVERNING BOARD AS AN OPPORTUNITY TO PRESENT THE GRANT AWARD CHECK. THIS SERVES AS PUBLIC NOTICE AND EXPECTATION OF THE GRANT AND HOW THE FUNDS ARE INTENDED TO BE USED. -THE FOUNDATION AND THE GRANTEE DISSEMINATE NEW RELEASES TO THE PRINT AND ELECTRONIC MEDIA ANNOUNCING THE GRANT AND ITS PURPOSE TO THE PUBLIC. -FOUNDATION STAFF CONDUCT SITE VISITS TO THE GRANTEE ORGANIZATION TO "SEE" THE GRANT IN ACTION. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LAURA HANSEN | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | MARRIED TO PRES | Relationship |
| Amount Of Transaction | 45374 | AmountOfTransaction |
| Description Of Transaction | WAGES FOR EMPLOYMENT | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE L PART V | ReturnReference |
| Explanation | LAURA HANSEN IS MARRIED TO THE PRESIDENT OF THE FOUNDATION | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 727867 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Real Estate Other RealEstateOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 95000 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USED TO PROCESS NONCASH CONTRIBUTIONS | Identifier |
| Return Reference | SCHEDULE M, PAGE 1, PART I, LINE 32B | ReturnReference |
| Explanation | THE FOUNDATION USES A BROKERAGE FIRM TO SELL PUBLICLY TRADED SECURITIES IT RECEIVES AS NONCASH CONTRIBUTIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE PRESIDENT REVIEWS THE COMPLETED FORM 990 FOR COMPATIBILITY WITH THE FINANCIAL AUDIT. THE 990 IS INCLUDED AS AN AGENDA ITEM AT THE NEXT JOINT MEETING OF THE EXECUTIVE AND FINANCE COMMITTEES. EACH MEMBER OF THE COMMITTEE RECEIVES A COPY IN ADVANCE OF THE MEETING. A RECOMMENDATION FOR ACCEPTANCE IS BROUGHT TO THE BOARD OF TRUSTEES WITH COPIES MADE AVAILABLE FOR THE ENTIRE BOARD. THE JOINT COMMITTEES, IN THEIR ROLE AS THE AUDIT COMMITTEE, MEET WITH THE AUDITOR TO DISCUSS THE AUDIT, FORM 990, AND RELATED FINANCIAL REPORTS AND PROCESSES. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | EACH TRUSTEE RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY IN THEIR ORIENTATION MANUAL, WHICH THEY REVIEW WITH THE PRESIDENT. THEY ARE ALSO GIVEN A "TRUSTEE DISCLOSURE STATEMENT" TO COMPLETE AND SIGN. THE DISCLOSURE STATEMENT IDENTIFIES ANY BUSINESS OR AVOCATIONAL INTEREST, OR CHARITABLE OR CIVIC INVOLVEMENT WHICH MIGHT GIVE RISE TO A POSSIBLE CONFLICT OF INTEREST OR DUALITY OF INTEREST WITH THE COMMUNITY FOUNDATION. THIS PROCESS IS REPEATED EVERY YEAR IN JANUARY. THE COMPLETED STATEMENTS ARE KEPT ON FILE IN THE FOUNDATION OFFICE. ALSO ON FILE, ARE COMPLETED CONFLICT OF INTEREST FORMS FOR MEMBERS OF THE YOUTH ADVISORY COMMITTEE, AND SCHOLARSHIP SELECTION COMMITTEE MEMBERS. DURING THE COURSE OF A MEETING, A TRUSTEE DECLARES A CONFLICT OF INTEREST AND ABSTAINS FROM VOTING ON MATTERS THAT PRESENT A POTENTIAL OR PERCEIVED CONFLICT. THEIR ABSTENTION IS NOTED IN THE MINUTES OF THE MEETING. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE FOUNDATION'S PRESIDENT IS EVALUATED BY THE EXECUTIVE COMMITTEE ACCORDING TO A "COMPENSATION REVIEW PROCESS." USING A COMBINATION OF THE EVALUATION RESULTS AND INFORMATION OBTAINED FROM THE SALARY AND BENEFITS SURVEYS, THE EXECUTIVE COMMITTEE MAKES A COMPENSATION RECOMMENDATION FOR THE PRESIDENT TO THE BOARD OF TRUSTEES, THE PRESIDENT IS NOT PRESENT DURING THE DISCUSSION, NOR DOES HE PARTICIPATE IN THE VOTE. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE FOUNDATION ADHERES TO THE "RECOMMENDED BEST PRACTICES IN DETERMINING REASONABLE EXECUTIVE AND STAFF COMPENSATION" AS PUT FORTH BY THE COUNCIL ON FOUNDATIONS. GENERALLY, REASONABLE COMPENSATION IS DEFINED AS WHAT SIMILAR PERSONS IN SIMILAR POSITIONS WITH SIMILAR DUTIES AT SIMILAR ORGANIZATIONS ARE PAID. TO DETERMINE REASONABLE LEVELS OF COMPENSATION THE FOUNDATION RELIES ON SALARY AND COMPENSATION SURVEYS, AND COMPARISIONS WITH SIMILAR ORGANIZATIONS IN RELATIVE GEOGRAPHIC PROXIMITY, SPECIFICALLY, WE USE INFORMATION OBTAINED FROM: -THE COUNCIL ON FOUNDATION'S ANNUAL GRANTMAKERS SALARY AND BENEFITS REPORT. -THE COUNCIL ON FOUNDATION'S ANNUAL COMPENSATION, SUMMARY FOR THE COUNCIL OF MICHIGAN FOUNDATIONS-COMMUNITY FOUNDATIONS. -THE COUNCIL OF MICHIGAN FOUNDATION'S ANNUAL MICHIGAN & OHIO COMMUNITY FOUNDATIONS SALARY SURVEY. THE PROCEEDINGS OF ALL COMMITTEE AND BOARD MEETINGS ARE DOCUMENTED IN WRITING AND FILED WITH THE FOUNDATION'S PERMANENT RECORDS. THE COMPENSATION DETERMINATION PROCESS AND SALARY AND BENEFITS RESEARCH OCCURS IN THE LAST QUARTER OF THE FISCAL YEAR. BOARD APPROVED SALARY AND BENEFIT PAYMENTS BEGIN WITH THE START OF THE NEXT FISCAL YEAR. THE PRESIDENT IS RESPONSIBILE FOR EVALUATING AND RECOMMENDING COMPENSATION FOR STAFF FOLLOWING THE SAME PROCESS USED TO DETERMINE THE PRESIDENT'S COMPENSATION. THE PRESIDENT AND STAFF ARE THE ONLY EMPLOYEES/OFFICERS OF THE ORGANIZATION THAT RECEIVE COMPENSATION. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | IT IS THE POLICY AND PRACTICE OF THE FOUNDATION TO COMPLY WITH ALL INTERNAL REVENUE SERVICE LAWS AND REQUIREMENTS FOR PUBLIC DISCLOSURE FOR TAX-EXEMPT ORGANIZATIONS. THIS INCLUDES PROVIDING COPIES OF OUR EXEMPTION APPLICATION (FORM 1023), AND THE THREE MOST RECENTLY FILED ANNUAL INFORMATION RETURNS (FORM 990) TO INDIVIDUALS MAKING A REQUEST IN PERSON OR IN WRITING. FORM 990 AND A CONSOLIDATED FINANCIAL STATEMENT ARE ALSO AVAILABLE ON THE FOUNDATION'S WEBSITE. THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMETNS ARE AVAILABLE UPON REQUEST TO THE FOUNDATION PRESIDENT. |
| RECONCILIATION OF CHANGES - OTHER | FORM 990, PART XI, LINE 9 | DISTRIBUTIONS ON SPLIT INTEREST AGREEMENTS -49,975 |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 9 | XXAA 10,000 |
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