2013-11-14T11:42:02-06:00 2013-06-30 561607661 LOWDERMILK CHURCH & CO LLP 121 NORTH STERLING STREET MORGANTON NC 28655 990 2012-07-01 561348489 SALT BLOCK FOUNDATION INC SALT 8283244906 243 THIRD AVE NE BOX 7 HICKORY NC 28601 H LAWRENCE THOMPSON IV 8283244906 2013-11-11 1 JAMES LOWDERMILK P01394049 8284331226 2012 2016-02-24 21:20:13Z H LAWRENCE THOMPSON 243 THIRD AVE NE BOX 7 HICKORY NC 28601 1008995 0 X N/A X 1980 NC THE SALT BLOCK FOUNDATION EXISTS TO PROVIDE AND SUSTAIN FACILITIES FOR ORGANIZATIONS DELIVERING EDUCATION IN NATURAL SCIENCES, HISTORY, VISUAL AND PERFORMING ARTS AND CULTURAL PROGRAMS FOR RESIDENTS OF THE CATAWBA VALLEY 22 22 0 0 0 0 520711 278885 101845 111303 121251 370313 5770 6914 749577 767415 0 0 0 0 0 0 0 0 36216 736524 723974 736524 723974 13053 43441 10238240 10762805 52398 52711 10185842 10710094 NONE 0 0 626107 93597 PROVIDED FACILITIES FOR USE BY VARIOUS NONPROFIT AGENCIES PROVIDING PROGRAMS IN THE NATURAL SCIENCES, HISTORY, VISUAL AND PERFORMING ARTS AND CULTURAL PROGRAMS AT A VERY MINIMAL COST TO THE NONPROFITSONE OF THE AGENCIES PROVIDES EDUCATIONAL OPPORTUNITIES FOR THE PUBLIC AND SCHOOL AGED CHILDREN. TEACHERS BRING THE STUDENTS TO OUR FACILITIES TO ALLOW FOR HANDS ON LEARNING. DURING THE YEAR ENDED JUNE 30, 2012 MORE THAN 175,000 INDIVIDUALS USED OUR FACILITIES TO INCREASE KNOWLEDGE ABOUT THE NATURAL SCIENCES. A TOTAL EXCEEDING 225,000 INDIVIDUALS VISITED THIS ONE AGENCY HOUSED IN OUR FACILTIES DURING THE FISCAL YEAR. 626107 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 8283244906 243 THIRD AVE NE BOX 7 HICKORY NC 28601 X MARTY SALWEN 4.00 X X 0 0 0 STEVE MULL 4.50 X X 0 0 0 MICHAEL THOMAS 1.00 X X 0 0 0 LAWRENCE THOMPSON 3.00 X X 0 0 0 DON NORWOOD 3.00 X X 0 0 0 NANCY BLEDSOE 2.00 X 0 0 0 DON COLEMAN 2.00 X 0 0 0 JOYCE CORBETT 2.00 X 0 0 0 HELEN DECUZZI 2.00 X 0 0 0 BARBARA DUGAN 2.00 X 0 0 0 STEVE THOMAS 3.00 X X 0 0 0 JEFF GNIADEK 2.00 X 0 0 0 LANDON LANE 3.00 X X 0 0 0 LINDA GUTTLER 2.00 X 0 0 0 REBECCA HART 2.00 X 0 0 0 BRANDON HUCKS 2.00 X 0 0 0 BRAD LAIL 2.00 X 0 0 0 DR JOHN LEACH 2.00 X 0 0 0 HANI NASSAR 2.00 X 0 0 0 JAMIE TREADAWAY 2.00 X 0 0 0 DAVID ZAGAROLI 2.00 X 0 0 0 BOB SPULLER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 200000 78885 22413 278885 CAM CHARGES 900099 93597 93597 RENTAL OF FACILITIES 900099 17706 17706 111303 89871 89871 520372 239930 280442 280442 280442 6840 1650 5190 5190 MISCELLANEOUS 900099 1724 1724 1724 767415 483340 0 5190 50000 50000 5200 5200 34827 34827 1389 1389 233556 233556 255746 255746 25698 25698 REPAIRS AND MAINTENANCE 89974 88726 1248 SUPPLIES 24858 21835 3023 MISCELLANEOUS 2394 546 1848 MEETINGS 332 332 723974 626107 61651 36216 152223 66043 179650 76999 10737 78736 8581232 3784959 4956891 4796273 4933738 5733619 5001 11135 10238240 10762805 52398 52711 52398 52711 X 3704334 4222651 759778 709241 5721730 5778202 10185842 10710094 10238240 10762805 43441 480811 0 X 0 1 X 1 0 X 1041846 321512 492943 520711 278885 2655897 42343 45489 30341 16289 16096 150558 1084189 367001 523284 537000 294981 2806455 848779 1957676 126064 161261 139738 126048 370313 923424 3729879 0.52490 0.75890 X SCHEDULE A, PART IV, LIST OF UNUSUAL GRANTS: BEQUEST DATE: 06/30/12 AMOUNT: 100600. BEQUEST DATE: 06/30/11 AMOUNT: 50000. BEQUEST DATE: 06/30/10 AMOUNT: 50000. BEQUEST DATE: 06/30/09 AMOUNT: 50000. BEQUEST DATE: 06/30/08 AMOUNT: 60000. CONTRIBUTION TO ENDOWMENT DATE: 06/30/08 AMOUNT: 300000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5721730 56472 5778202 5522863 198867 5721730 5472863 50000 5522863 5472863 5472863 5422863 50000 5472863 0 0 750000 750000 750000 503125 246875 7045254 3258671 3786583 35978 23163 12815 4796273 INVESTMENTS 5733619 F 5733619 1265972 480812 16096 1649 498557 767415 0 767415 741720 16096 1650 17746 723974 0 723974 PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES DIRECTLY RELATED TO FUNDRAISING PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES DIRECTLY RELATED TO FUNDRAISING FASB ASC 740-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. BASED ON AN EVALUATION OF UNCERTAIN TAX POSITIONS MANAGEMENT IS REQUIRED TO MEASURE POTENTIAL TAX LIABILITIES THAT COULD HAVE A RISK GREATER THAN A 50% LIKELIHOOD OF BEING RELIZED UPON SETTLEMENT. AS OF JUNE 30, 2013 MANAGEMENT HAS DETERMINED THAT THE SALT BLOCK HAS NO SUCH RISK AND THEREFORE NO LIABILITIES HAVE BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. THE SALT BLOCK IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO 2010. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED BY THE AUDIT AND EXECUTIVE COMMITTEES AND THEN PRESENTED TO THE FULL BOARD FOR REVIEW BEFORE BEING FILED FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ANNUALLY DISCLOSES ANY INTERESTS THAT THEY HAVE THAT COULD POTENTIALLY BE CONSIDERED CONFLICTS. THE BOARD MEMBER IS REQUIRED THAT IN THE EVENT THAT AN ISSUE ARISES THAT COULD BE A CONFLICT THE MEMBER RECUSE THEMSELF FROM THE DISCUSSION AND SUBSEQUENT VOTE ON THE ISSUE FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS PUBLISHED A BOARD MEMBERS HANDBOOK THAT CONTAINS ITS GOVERNING DOCUMENTS WHICH IS AVAILABLE UPON REQUEST. IN ADDITION CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST