2013-05-23T10:59:07-05:00 2012-09-30 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2011-10-01 521772345 EXCELERATE FOUNDATION INC EXCE 4152527552 2352 MARKET STREET NO B SAN FRANCISCO CA 94114 JONATHAN A SLOAN 4152527552 2013-05-23 1 KAREN GRIES P00078514 5712279500 2011 2016-02-25 16:41:14Z JONATHAN A SLOAN 2352 MARKET STREET NO B SAN FRANCISCO CA 94114 8193511 0 X HTTP://EXCELERATE-FOUNDATION.ORG/ X 1992 DE THE MISSION OF THE EXCELERATE FOUNDATION IS TO SUPPORT NONPROFIT ORGANIZATIONS THAT MOTIVATE POSITIVE SOCIAL CHANGE AND COMMUNITY DEVELOPMENT. 3 0 0 0 0 0 0 0 0 0 736057 540036 10000 0 746057 540036 1000 200799 0 0 95000 125500 0 0 0 217617 214943 313617 541242 432440 -1206 9215917 9540748 17477 5036 9198440 9535712 THE MISSION OF THE EXCELERATE FOUNDATION IS TO SUPPORT NONPROFIT ORGANIZATIONS THAT MOTIVATE POSITIVE SOCIAL CHANGE AND COMMUNITY DEVELOPMENT. 0 0 200799 200779 TO MAKE GRANTS AND DISTRIBUTIONS IN FURTHERANCE OF THE FOUNDATION'S CHARITABLE AND EDUCATIONAL PURPOSES. 200799 1 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 1 7 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X OLSEN & PARTNERS CPA 4152527552 2352 MARKET STREET SUITE B SAN FRANCISCO CA 94114 JONATHAN ALEXANDER SLOAN 10.00 X X 58500 0 0 ERNEST LEWIS 6.00 X X 33500 0 0 EDWARD DADAKIS 6.00 X X 33500 0 0 125500 0 0 0 0 0 0 0 249298 249298 7944213 7653475 290738 290738 290738 540036 0 0 540036 200799 200799 125500 125500 15040 15040 30260 30260 63549 63549 15329 15329 1100 1100 338 338 5736 5736 9 9 6485 6485 UNCLAIMED PROPERTY EXPE 47372 47372 MISCELLANEOUS EXPENSE 27442 27442 FOREIGN TAXES 2247 2247 MEALS & ENTERTAINMENT 31 31 5 5 541242 200799 340443 0 1008453 936923 750000 7455834 8602195 1630 1630 9215917 9540748 17477 5036 17477 5036 X 9198440 9535712 9198440 9535712 9215917 9540748 X -1206 338478 X 0 1 1 X 0 X 0 909168 496794 468354 489294 249298 2612908 909168 496794 468354 489294 249298 2612908 57302 57302 966470 496794 468354 489294 249298 2670210 0.00000 0.91970 0.97850 0.07340 X 0 540036 541242 -1206 338478 338478 337272 878514 338478 338478 540036 0 540036 541242 0 541242 0 541242 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT PURPOSE INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE FOUNDATION'S STATUS AS A PUBLIC CHARITY IS EXPECTED TO CHANGE INTO A PRIVATE FOUNDATION IN FISCAL YEAR 2012. THE FOUNDATION IS SUBJECT TO INCOME TAX ON ITS UNRELATED BUSINESS ACTIVITIES; HOWEVER, NO UNRELATED BUSINESS ACTIVITIES WERE IDENTIFIED DURING THE YEARS ENDED SEPTEMBER 30, 2012 AND 2011. THE FOUNDATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION EVALUATED ITS INCOME TAX POSITIONS AND DETERMINED THAT THEY ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS ENDED SEPTEMBER 30, 2009 TO 2011 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. 1 AIDSLIFECYCLE PO BOX 60000 SAN FRANCISCO CA 94160 942927405 501(C)(3) 11500 GENERAL OPERATIONS OPENHOUSE 870 MARKET ST STE 458 SAN FRANCISCO CA 94103 943337955 501(C)(3) 5155 GENERAL OPERATIONS CHILDREN'S HOSPITAL & RESEARCH 747 52ND ST OAKLAND CA 94609 940382330 501(C)(3) 2500 GENERAL OPERATIONS NATIONAL LYMPHOMA FOUNDATION 115 BROADWAY STE 1301 NEW YORK NY 10006 954335088 501(C)(3) 10000 GENERAL OPERATIONS STARTOUT 1501 BROADWAY STE 2900 NEW YORK NY 10036 264634162 501(C)(3) 10000 GENERAL OPERATIONS UC DAVIS FOUNDATION 1460 DREW AVE STE 100 DAVIS CA 95616 946081352 501(C)(3) 62197 CAPACITY BUILDING COMMUNITY CENTERS INC 61 E PUTNAM AVE GREENWICH CT 06830 060703570 501(C)(3) 35000 CAPITAL EXPENSE SAN FRANCISCO AIDS FOUNDATION 1035 MARKET ST STE 400 SAN FRANCISCO CA 94103 942927405 501(C)(3) 35000 OPERATING ACTIVITIES JOSHUA MORGAN MYERS ENDOWED FUND 925 CHESTNUT ST STE 110 PHILADELPHIA PA 19107 231352651 501(C)(3) 10000 GENERAL OPERATIONS GREENWICH COUNCIL BOY SCOUTS OF AMERICA 63 MASON ST GREENWICH CT 06830 060646654 501(C)(3) 19447 CAPITAL EXPENSE 10 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD PRESIDENT CONDUCTS A FULL REVIEW OF THE DRAFT FORM 990 IN CONSULTATION WITH THE ACCOUNTANTS AND UPON COMPLETION, THE DRAFT 990 IS CIRCULATED TO ALL BOARD MEMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS. INQUIRIES REGARDING CONFLICTS OF INTEREST ARE PERFORMED IN ACCORDANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY AND FOLLOWED UP AS NEEDED. THE POLICY STATES THAT "IN THE EVENT ANY DIRECTOR OR A MEMBER OF HER/HIS IMMEDIATE FAMILY HAS A PERSONAL OR BUSINESS INTEREST IN, OR IS INVOLVED IN ANY WAY WITH, AN ORGANIZATION WITH WHICH THE FOUNDATION IS CONSIDERING A GRANT REQUEST OR BUSINESS CONTRACT,SUCH INTEREST OR INVOLVEMENT SHALL BE DISCLOSED TO THE FOUNDATION. IN SUCH EVENT, ANY DIRECTOR OUGHT TO ANSWER PERTINENT QUESTIONS OF OTHER DIRECTORS WHEN KNOWLEDGE REGARDING THE MATTER WILL ASSIST THE FOUNDATION." THE FOUNDATION BELIEVES THAT PASSIONATE, TALENTED INDIVIDUALS WHO ARE COMMITTED TO THE MISSION OF THE EXCELERATE FOUNDATION SHOULD BE COMPENSATED FOR THE TIME AND EXPERTISE THEY ARE CONTRIBUTING TO THE FOUNDATION'S WORK THROUGH THEIR SERVICE ON THE BOARD OF DIRECTORS. THE EXCELERATE FOUNDATION, INC. COMPENSATES BOARD MEMBERS IN A MANNER CONSISTENT WITH THEIR FOUNDATION DUTIES, RESPONSIBILITIES AND TIME COMMITMENT AS WELL AS CONSISTENT WITH CUSTOMARY AND REASONABLE COMPENSATION FOR NOT-FOR-PROFIT OFFICERS AND DIRECTORS. COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. WHEN SETTING THE COMPENSATION LEVELS FOR INDIVIDUALS NOTED IN PART VII, THE FOUNDATION CONTRACTED WITH AN INDEPENDENT CONSULTANT TO PERFORM A MARKET STUDY OF COMPENSATION. THESE RECOMMENDATIONS WERE UTILIZED IN DETERMINING THE APPROPRIATE COMPENSATION. THE BOARD OF DIRECTORS MAINTAINS CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 338,478.