2013-03-26T16:23:09-05:00 2012-12-31 510380493 WHEELER WOLFENDEN & DWARES PA 4550 NEW LINDEN HILL ROAD STE 201 WILMINGTON DE 19808 990 2012-01-01 236298550 MONTGOMERY COUNTY FOUNDATION MONT 6103139836 2 W LAFAYETTE STREET NO 120 NORRISTOWN PA 19401 VIRGINIA FRANTZ 6103139836 2013-03-20 1 DAVID M WOLFENDEN CPA CVA MS P00054438 3022548240 2012 2016-02-25 16:41:14Z VIRGINIA FRANTZ 2 WEST LAFAYETTE STREET SUITE 120 NORRISTOWN PA 19401 1667729 0 X WWW.MCFOUNDATIONINC.ORG X 1960 PA TO DEVELOP, RECEIVE, ADMINISTER AND MANAGE, UNDER COMMUNITY CONTROL, FUNDS RECEIVED FROM PUBLIC AND PRIVATE SOURCES AND DISTRIBUTE THEM FOR CHARITABLE PURPOSES, PRIMARILY TO MEET LOCAL NEEDS. THROUGH THEIR MISSION, THE FOUNDATION MANAGES CHARITABLE FUNDS, DISTRIBUTES REVENUE AND PORTIONS OF PRINCIPLE, WHEN PERMITTED, CONSISTENT WITH DONORS' SPECIFIC AND GENERAL INTERESTS. THIS PROCESS ASSISTS IN MAINTAINING AND ENHANCING THE EDUCATIONAL, SOCIAL, CULTURAL, HEALTH AND CIVIC RESOURCES OF THE COMMUNITY. 4 4 0 0 0 0 0 0 11258 16361 904471 376256 0 0 915729 392617 351202 355081 0 0 0 0 0 0 0 83866 93823 435068 448904 480661 -56287 9354368 10135488 118554 50813 9235814 10084675 X TO DEVELOP, RECEIVE, ADMINISTER AND MANAGE, UNDER COMMUNITY CONTROL, FUNDS RECEIVED FROM PUBLIC AND PRIVATE SOURCES AND DISTRIBUTE THEM FOR CHARITABLE PURPOSES, PRIMARILY TO MEET LOCAL NEEDS. THROUGH THEIR MISSION, THE FOUNDATION MANAGES CHARITABLE FUNDS, DISTRIBUTES REVENUE AND PORTIONS OF PRINCIPLE, WHEN PERMITTED, CONSISTENT WITH DONORS' SPECIFIC AND GENERAL INTERESTS. THIS PROCESS ASSISTS IN MAINTAINING AND ENHANCING THE EDUCATIONAL, SOCIAL, CULTURAL, HEALTH AND CIVIC RESOURCES OF THE COMMUNITY. 0 0 448904 355081 16361 THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE FOR A WIDE RANGE OF COMMUNITY NEEDS THAT INCLUDE EDUCATION, HEALTH AND HUMAN SERVICES, AND CULTURAL GROUPS SERVING RESIDENTS OF MONTGOMERY COUNTY. THE FOUNDATION IS A COMMUNITY FOUNDATION AND A "CATALYST FOR COMMUNITY SOLUTIONS". THROUGH COLLABORATIVE EFFORTS, THE FOUNDATION ASSISTS IN CONVENING INDIVIDUALS, AGENCIES, AND GROUPS TO STRENGTHEN COMMUNITIES BY ADDRESSING IMPORTANT ISSUES IDENTIFIED THROUGH RESEARCH PROJECTS AND COMMUNITY GROUPS. 448904 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X X VIRGINIA FRANTZ 6103139836 2 WEST LAFAYETTE STREET SUITE 120 NORRISTOWN PA 19401 X DR THURMAN D BOOKER 1.00 X 0 0 0 CAESAR GORSKI 1.00 X 0 0 0 HARVEY STRAUSS 1.00 X 0 0 0 WILLIAM L LANDSBURG ESQ 1.00 X 0 0 0 0 0 0 0 0 0 0 0 ADMINISTRATIVE FEE 561000 16361 16361 16361 331133 331133 1320235 1275112 45123 45123 45123 392617 16361 0 376256 355081 355081 16361 16361 77462 77462 448904 448904 0 0 36906 40951 603521 665944 8711270 9425922 2671 2671 9354368 10135488 118554 50813 118554 50813 X 9235814 10084675 9235814 10084675 9354368 10135488 -56287 905148 0 X X 0 1 X 1 0 X X X X 0 0 0 MONTGOMERY COUNTY FOUNDATION INC 233070457 11A 0 1 1 301362 NEUMANN UNIVERSITY 231657958 2 0 1 1 1253 WIDENER UNIVERSITY 231386178 2 0 1 1 1253 GEORGE FOX UNIVERSITY 930386839 2 0 1 1 3759 SHIPPENSBURG UNIVERSITY 232046093 2 0 1 1 1253 URSINUS COLLEGE 231177930 2 0 1 1 6265 LYCOMING COLLEGE 240795965 2 0 1 1 2506 TEMPLE UNIVERSITY 231365971 2 0 1 1 8771 EAST STROUDSBURG UNIVERSITY 222826714 2 0 1 1 2506 ELIZABETHTOWN COLLEGE 231352632 2 0 1 1 2506 LASALLE UNIVERSITY 232320551 2 0 1 1 2506 LOCK HAVEN UNIVERSITY 237007734 2 0 1 1 1253 WEST CHESTER UNIVERSITY 232417773 2 0 1 1 3759 13 338952 9005593 1224073 355081 93823 9780762 9477758 -37096 351202 83867 9005593 8727781 1097697 267952 79768 9477758 6968976 2196112 367319 69988 8727781 10976065 -3470730 456878 79481 6968976 1.00000 0 0 0 MUTUAL FUNDS 8419613 F COMMON STOCK 1006309 F 9425922 X 1297765 905148 905148 392617 0 392617 448904 0 448904 0 448904 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE MONTGOMERY COUNTY FOUNDATION MANAGES FUNDS FOR THE BENEFIT OF: NORRISTOWN AREA HIGH SCHOOL GRADUATES IN THE FORM OF SCHOLARSHIPS. SCHOLARSHIPS FOR STUDENTS FROM MONTGOMERY COUNTY WHO MEET SPECIFIC CRITERIA AND PLAN TO PURSUE HIGHER EDUCATION IN THE FIELD OF HORTICULTURE OR AGRICULTURE. AREA CHARITABLE ORGANIZATIONS AND CHURCH GROUPS. THE COLLEGEVILLE FIRE COMPANY NO. 1. LEGAL AID SOCIETY OF MONTGOMERY COUNTY TO ASSIST THE NON-PROFIT IN ITS WORK TO BENEFIT LOW INCOME PEOPLE WITH LEGAL NEEDS.. MONTGOMERY COUNTY COMMUNITY COLLEGE IN THE AREA OF HIGH QUALITY CULTURAL AND LECTURE PROGRAMS TO ENRICH THE EDUCATIONAL AND CULTURAL EXPERIENCES OF STUDENTS AND THE COMMUNITY. JOB TRAINING AND COMMUNITY DEVELOPMENT PROJECTS. EDUCATIONAL OPPORTUNITIES FOR DESERVING NEEDY PERSONS AND FOR CHARITABLE PURPOSES. RESIDENTS OF THE CENTRAL SECTION AND OTHER AREAS OF MONTGOMERY COUNTY IN THE AREA OF PROVIDING ASSISTANCE FOR THE PAYMENT OF HOUSING, UTILITIES, FOOD AND OTHER NECESSITIES THAT REQUIRE AN IMMEDIATE PAYMENT IN ORDER TO AVERT A CRISIS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE TRUST IS A NONPROFIT ENTITY THAT IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS MADE NO PROVISION FOR FEDERAL, STATE OR LOCAL INCOME TAX IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE TRUST HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE TRUST ADOPTED ASC 740-10, INCOME TAXES, AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL AND STATE INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE 2009, 2010 AND 2011 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE PENNSYLVANIA DEPARTMENT OF REVENUE. HOWEVER, THE TRUST IS NOT CURRENTLY UNDER AUDIT NOR HAS THE TRUST BEEN CONTACTED BY THESE JURISDICTIONS. THERE WERE NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. 1 URSINUS COLLEGE 601 EAST MAIN STREET COLLEGEVILLE PA 19426 231177930 501(C)(3) 6265 N/A N/A TO SUPPORT SCHOLARSHIPS FOR STUDENTS. TEMPLE UNIVERSITY 1801 N BROAD STREET PHILADELPHIA PA 19122 231365971 501(C)(3) 8771 N/A N/A TO SUPPORT SCHOLARSHIPS FOR STUDENTS. MONTGOMERY COUNTY FOUNDATION INC 2 WEST LAFAYETTE STREET SUITE 120 NORRISTOWN PA 19401 233070457 501(C)(3) 301362 N/A N/A TO SUPPORT GRANT-MAKING AND GENERAL OPERATING EXPENSES. 3 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT MONITORING POLICY ( A PART OF THE INTERNAL REVIEW POLICY) WAS ESTABLISHED AND APPROVED BY THE BOARD OF DIRECTORS ON JUNE 9, 2005 AND PROVIDES FOR DUE DILIGENCE FOR STATUS, GRANT AGREEMENTS, ASSESSMENT OF APPLICATION, BUDGETS, ETC., AND PROVIDES FOR A FOLLOW-UP REPORT NO LATER THAN ONE YEAR FROM THE GRANT DISTRIBUTION FOR GRANTS UNDER $5,000. IT REQUIRES A FINANCIAL REPORT ON THE USE OF THE DOLLARS AS WELL. ON GRANTS $5,000 - $10,000, QUARTERLY REPORTS ON OUTCOMES AND FINANCIAL USE OF THE GRANT ARE REQUIRED. THOSE REPORTS ARE REVIEWED AND THE AGENCIES ARE CONTACTED FOR CLARIFICATIONS IF OUTCOMES ARE NOT MET. NO NEW GRANTS ARE ALLOWED WITHOUT FOLLOW-UP REPORTS AND IF FOLLOW-UP REPORTS ARE NOT PROVIDED THE GRANT DOLLARS ARE TO BE RETURNED BY THE AGENCY. GRANTEES MUST REQUEST IN WRITING ANY CHANGE IN USE OF THE FUNDS AND THE STAFF AND CHAIRPERSON OF THE GRANTMAKING COMMITTEE REVIEW CHANGE REQUEST TO DETERMINE ITS ELIGIBILITY FOR ACCEPTANCE. FOLLOW-UP REPORTS ARE A PART OF THE FILE FOR THE AGENCY RECEIVING GRANTS AND PERIODIC VISITS MAY BE MADE TO THE AGENCIES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE AUDIT COMMITTEE AND THEN FORWARDED WITH ANY CHANGES TO THE TRUSTEES FOR APPROVAL PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS REQUIRED TO ASSESS THEIR RELATIONSHIPS ANNUALLY AND SIGN AN ACKNOWLEDGEMENT AFFIRMING THAT THEY HAVE NO CONFLICTS AS DETAILED IN THE CONFLICTS OF INTEREST POLICY. THE POLICY IS READ AT A BOARD MEETING PRIOR TO COMPLETION OF FORMS AND IS SO NOTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE VIA THE ORGANIZATION'S WEBSITE OR UPON REQUEST. THERE IS ALSO A TRUSTEE-APPROVED POLICY FOR STAFF RESPONSE TO REQUESTS. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE MONTGOMERY COUNTY FOUNDATION INC 2 WEST LAFAYETTE STREET NORRISTOWN PA 19401 233070457 ADMIN OF COMMUNITY FUNDS DISTRIBUTED FOR LOCAL CHARITABLE PURPOSES. PA 501(C)(3) 7 NO 0 HUMAN SERVICE INSTITUTE 2 WEST LAFAYETTE STREET NORRISTOWN PA 19401 TO PROVIDE RESEARCH FOR HEALTH AND HUMAN SERVICES ISSUES. PA 501(C)(3) 7 NO 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 MONTGOMERY COUNTY FOUNDATION INC B 301362 FAIR MARKET VALUE MONTGOMERY COUNTY FOUNDATION INC M MONTGOMERY COUNTY FOUNDATION INC N MONTGOMERY COUNTY FOUNDATION INC O