2013-05-03T10:34:59-05:00 2012-12-31 363990892 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2012-01-01 351085585 Grace Brethren Investment Foundation Inc GRAC 5742675161 PO Box 587 Winona Lake IN 46590 Brenda Byers 5742675161 2013-05-03 1 P00747006 3178852620 2012 2016-03-07 17:11:31Z Larry Chamberlain PO Box 587 Winona Lake IN 46590 4168196 0 X www.gbif.com X 1955 IN Further the fellowship of Grace Brethren Churches' work and loan funds to the FGBC & affiliates 14 14 7 14 0 0 54102 3 3359365 3354492 792997 757798 22706 20705 4229170 4132998 600600 665500 0 0 655500 625951 0 0 0 2652823 2459150 3908923 3750601 320247 382397 93359075 97140738 85321118 88720384 8037957 8420354 X See Schedule O for complete mission statement. 0 0 3125490 665500 3354492 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 funds at a reasonable rate of interest and to thereby 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. 3125490 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 14 14 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 8.00 X 0 0 0 Ralph Hampton 4.00 X 0 0 0 Kent Semple 4.00 X 0 0 0 James Poyner 4.00 X 0 0 0 David Coleman 4.00 X 0 0 0 Robert MacMillan 4.00 X 0 0 0 Dayne Nix 4.00 X 0 0 0 Richard Stair 4.00 X 0 0 0 Jerry Michael 4.00 X 0 0 0 Josh Balmer 4.00 X 0 0 0 George Merchant 4.00 X 0 0 0 Phil Sparling 4.00 X 0 0 0 Howard Mayes 4.00 X 0 0 0 James Augspurger 4.00 X 0 0 0 Larry N Chamberlain 40.00 X 115475 0 20684 Ken Seyfert 40.00 X 114075 0 23704 Brenda Byers 40.00 X 82552 0 21976 312102 0 66364 2 0 0 0 0 3 3 INT/CHURCH LOANS 900099 3354492 3354492 3354492 757798 757798 55903 35198 20705 20705 20705 4132998 3354492 0 778503 665500 665500 378466 129466 249000 141558 102676 38882 12116 7920 4196 59129 35462 23667 34682 16647 18035 30903 30903 30669 30669 15173 3479 11694 61536 49229 12307 38506 30805 7701 43929 39536 4393 35037 28030 7007 51886 8842 43044 1956318 1956318 57517 57517 41174 41174 Chaplaincy Ministry 45326 45326 Invtmt/Loan Reserve 43746 474 43272 Securities Registration 5780 5780 1650 1650 3750601 3125490 625111 0 3709272 2774791 37869996 38333084 67703 100376 1265207 527846 732714 737361 50979390 55195126 93359075 97140738 644456 699661 84676662 88020723 85321118 88720384 X 8037957 8420354 8037957 8420354 93359075 97140738 382397 0 X X 0 1 X 1 0 X X X 0 0 0 GBCANADA USA 522094318 7 1 1 1 56500 GO2 CHURCH PLANTING MINISTRY 261325545 7 1 1 1 105000 ASSOC OF GRACE BRETHREN MINISTERS 953307208 9 1 1 1 144000 NORTHWEST CHAPEL GBC 311148543 1 1 1 1 50000 AUBURN GRACE COMMUNITY CHURCH 942842590 1 1 1 1 20000 THE GRACE TRUST 350992713 1 1 1 1 81500 GRACE SCHOOLS INC 350868095 2 1 1 1 50000 CE NATIONAL 351126967 1 1 1 1 15000 GRACE VILLAGE 351282401 1 1 1 1 15000 FELLOW OF GRACE BRETHREN CHURCH 351944640 1 1 1 1 44500 BRETHREN MISSIONARY HERALD 350877556 9 1 1 1 12500 WOMEN OF GRACE 351597909 1 1 1 1 12500 GRACE BRETHREN BOYS 311409196 9 1 1 1 2000 INTEGRATED COMM DEV INTERNAT'L 320112278 7 1 1 1 2000 ASIA'S HOPE 341971847 7 1 1 1 2000 COMMUNITY GRACE BRETHREN CHURCH 351043361 1 1 1 1 5000 METRO-GRACE PHILADELPHIA 300224059 1 1 1 1 20000 CARIBBEAN VISION MINISTRIES 270848858 1 1 1 1 25000 CPR-3 271764441 1 1 1 1 3000 19 665500 116875 116875 833764 235114 598650 314568 292732 21836 737361 LOANS TO GRACE BRETHREN AFFILIATES 55070371 C ACCRUED INTEREST ON LOANS TO AFFILIATES 124755 C 55195126 INVESTOR DEPOSITS DUE ON DEMAND 87171236 INVESTOR DEPOSITS DUE OFFICERS, DIRECTORS, AND EMPLOYEES 849487 88020723 X 4168196 35198 35198 4132998 0 4132998 3785799 35198 35198 3750601 0 3750601 Description of Uncertain Tax Positions Under FIN 48: 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, 2012, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Part XI, Line 2d - Other Adjustments: Rental expenses included on Part VIII Line 6b 35,198. Part XII, Line 2d - Other Adjustments: Rental expenses included on Part VIII Line 6b 35,198. 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) 144000 CHURCH PLANTING NORTHWEST CHAPEL GRACE BRETHREN CHURCH 6730 RINGS ROAD PO BOX 1234 DUBLIN OH 43017 311148543 501(c)(3) 50000 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) 56500 CHURCH PLANTING THE GRACE TRUST PO BOX 588 WINONA LAKE IN 46590 350992713 501(c)(3) 81500 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) 15000 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) 44500 ORGANIZATIONAL SUPPORT BRETHREN MISSIONARY HERALD PO BOX 576 WINONA LAKE IN 46590 350877556 501(c)(3) 12500 ORGANIZATIONAL SUPPORT WOMEN OF GRACE PO BOX 711 WINONA LAKE IN 46590 351597909 501(c)(3) 12500 ORGANIZATIONAL SUPPORT METRO-GRACE PHILADELPHIA 4706 COMLY ST PHILADELPHIA PA 19135 300224059 501 (c) 3 20000 ORGANIZATIONAL SUPPORT CARIBBEAN VISION MINISTRIES - TRINIDADIAN AND HAITIAN PO BOX 18317 PANAMA CITY BEACH FL 32417 270848858 501 (c) 3 25000 ORGANIZATIONAL SUPPORT 14 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, 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. Organization's Mission 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 and other key employees. The executive care committee then recommends compensation packages 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 approvals final compensation and benefit packages. The deliberations are recorded in the minutes. This process was last completed in 2012. 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. Explanation of Responsibility: 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0