2013-04-09T15:56:13-05:00 2012-06-30 651083521 HOLYFIELD & THOMAS LLC 125 BUTLER STREET WEST PALM BEACH FL 33407 990 2011-07-01 830462654 THE PALM BEACH POLICE FOUNDATION INC PALM 5618208118 139 NORTH COUNTY RD NO 20C PALM BEACH FL 33480 TIMOTHY MORAN 5618208118 2013-03-28 1 DAVID J THOMAS P00002419 5616896000 X 2011 2016-03-07 17:11:31Z TIMOTHY MORAN 139 NORTH COUNTY RD NO 20C PALM BEACH FL 33480 1201659 0 X WWW.PBPF.US X 2006 FL THE P.B.P.F. IS A CHARITABLE ORGANIZATION THAT UNDERWRITES PROGRAMS AND ACCEPTS & MANAGES TAX DEDUCTIBLE GIFTS AND DONATIONS FOR THE BENEFIT OF THE PALM BEACH POLICE DEPARTMENT AND ITS EMPLOYEES. 10 10 0 12 0 0 636548 784991 0 0 17037 19131 -134280 -60781 519305 743341 160679 140090 0 0 0 0 0 0 0 59944 123047 220623 263137 298682 480204 1777015 2305521 0 35593 1777015 2269928 X THE P.B.P.F. IS A CHARITABLE ORGANIZATION THAT UNDERWRITES PROGRAMS AND ACCEPTS & MANAGES TAX DEDUCTIBLE GIFTS AND DONATIONS FOR THE BENEFIT OF THE PALM BEACH POLICE DEPARTMENT AND ITS EMPLOYEES. 1 0 172497 140090 HIGHER EDUCATION SCHOLARSHIPS - THIS PROGRAM PROVIDES UP TO $8,000 ANNUALLY TO QUALIFIED CHILDREN OF SWORN OFFICERS AND CIVILIAN EMPLOYEES OF THE POLICE DEPARTMENT.POLICE DEPARTMENT SUPPLEMENTS - PROVIDES SUPPLEMENTARY FUNDING TO THE DEPARTMENT FOR ADDITIONAL TRAINING, EQUIPMENT AND OTHER UNMET NEEDS.PALM BEACH CRIME WATCH - SUPPORTS CITIZEN CRIME PREVENTION PROGRAMS IN THE RESIDENTIAL AND BUSINESS COMMUNITIES, TEEN POLICE ACADEMIES AND VIPS (VOLUNTEERS IN POLICE SERVICE).EMERGENCY FINANCIAL ASSISTANCE - A PROGRAM OFFERING EMERGENCY FINANCIAL ASSISTANCE TO OFFICERS INJURED OR DISABLED IN THE LINE OF DUTY. 172497 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 FL X JENNIFER RECAREY 5618208118 139 N COUNTY RD SUITE 2C PALM BEACH FL 33480 X JOHN F SCARPA 3.00 X X 0 0 0 TIM MORAN 5.00 X X 0 0 0 GERALD FRANK 1.00 X X 0 0 0 ANNIE FALK 1.00 X 0 0 0 JOEL KASSEWITZ 1.00 X 0 0 0 WILLIAM I KOCH 1.00 X 0 0 0 STEPHEN LEVIN 1.00 X 0 0 0 DAVID MACK 1.00 X 0 0 0 MICHAEL S REITER 1.00 X 0 0 0 MATTHEW K SMITH 1.00 X 0 0 0 0 0 0 0 0 0 0 0 524841 260150 784991 40193 40193 99575 120637 -21062 -21062 -21062 276900 524841 337681 -60781 -60781 743341 0 0 -41650 37090 37090 103000 103000 8236 8236 3693 3693 18494 18224 270 8614 8614 258 258 2921 2921 ADMINISTRATIVE SERVICES 39170 39170 REPAIRS & MAINTENANCE 26948 26948 ASSISTANCE FUND 14183 14183 TAXES & LICENSES 530 530 263137 172497 90640 0 310119 289894 541180 903612 9565 21716 2364 2364 0 0 916151 1090299 1777015 2305521 35593 0 35593 X 1677015 2119928 100000 150000 1777015 2269928 1777015 2305521 X 480204 12709 X X 0 1 1 X 0 X 629275 670500 434000 636548 784991 3155314 629275 670500 434000 636548 784991 3155314 247772 2907542 24503 22293 18468 17037 40193 122494 3 20 23 3277831 0.88700 0.94060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2364 2364 0 0 743341 263137 480204 12709 12709 492913 1093731 12709 337681 350390 743341 0 743341 600818 337681 337681 263137 0 263137 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION HAS NOT REALIZED ANY SUCH INCOME TO DATE, AND NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FILES A SINGLE FEDERAL INFORMATION RETURN WITH THE INTERNAL REVENUE SERVICE, AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE FOUNDATION FOLLOWS FASB ASC TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH SEEKS TO REDUCE THE DIVERSITY IN PRACTICE ASSOCIATED WITH CERTAIN ASPECTS OF MEASUREMENT AND RECOGNITION IN ACCOUNTING FOR INCOME TAXES. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION THAT AN ENTITY TAKES OR EXPECTS TO TAKE IN A TAX RETURN. AN ENTITY MAY ONLY RECOGNIZE OR CONTINUE TO RECOGNIZE TAX POSITIONS THAT MEET A "MORE LIKELY THAN NOT" THRESHOLD. THE FOUNDATION ASSESSES ITS INCOME TAX POSITIONS BASED ON MANAGEMENT'S EVALUATION OF THE FACTS, CIRCUMSTANCES, AND INFORMATION AVAILABLE AT THE REPORTING DATE. MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE FINANCIAL STATEMENTS. FURTHERMORE, THERE ARE NO FEDERAL OR STATE OPEN-YEAR TAX RETURNS UNDER AUDIT. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL FUNDRAISING EVENTS 337,681. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL FUNDRAISING EVENTS 337,681. POLICE BALL AND AUCTION 705250 428350 276900 273258 TENNIS/GOLF EVENTS 96491 96491 64423 801741 524841 276900 337681 337681 -60781 1 FRATERNAL ORDER OF POLICE LODGE EDUCATIONAL ASSISTANCE #19 PO BOX 3422 PALM BEACH FL 33480 25000 0 UNRESTRICTED CONTRIBUTION FRATERNAL ORDER OF POLICE ASSOCIATES #19 INC PO BOX 2037 PALM BEACH FL 33480 11375 0 UNRESTRICTED CONTRIBUTION 0 2 THE ORGANIZATION AWARDS EDUCATIONAL SCHOLARSHIPS/FINANCIAL ASSISTANCE TO FAMILY MEMBERS OF THE TOWN OF PALM BEACH POLICE DEPARTMENT. 31 103000 0 25 RECEIVED $108,000, 2 RETURNED $5,000, 4 WINNERS DID NOT CLAIM. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THERE ARE THREE SCHOLARSHIP PROGRAMS: 1. PALM BEACH POLICE SCHOLARSHIP 2. CHARLES EVANS SCHOLARSHIP 3. WILLIAM I KOCH SCHOLARSHIP THE QUALIFICATIONS AND DETAILS ABOUT EACH SCHOLARSHIP ARE AVAILABLE UPON REQUEST. MICHAEL S REITER BOARD MEMBER 4000 SCHOLARSHIP TO FAMILY MEMBER NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 GOLF AND TENNIS ACTIVITIES FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS MAKES ITS GOVERNING DOCUMENTS AND OTHER FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 12,709. AUDIT REPORT REVIEW PROCESS PART XII LINE 2C THE AUDIT REPORT IS REVIEWED ANNUALLY AT THE AUDIT REPORT REVIEW MEETING AS PRESENTED BY THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. GRANTS OR BENEFITS TO INTERESTED PERSONS FORM 990, SCHEDULE L PART III MEMBER OF MR. REITER'S FAMILY RECEIVED $4,000 OF SCHOLARSHIP FUNDS FROM ORGANIZATION. MR. REITER IS NOT INVOLVED IN THE SCHOLARSHIP AWARDING PROCESS.