2013-04-26T16:43:22-05:00 2012-06-30 952399533 NSBN LLP 9454 WILSHIRE BLVD 4TH FLOOR BEVERLY HILLS CA 902122907 990 2011-07-01 264245043 EDWARD CHARLES INSTITUTE OF NONPROFIT MERGERS AND ACQUISITIONS FOUNDATION EDWA 3105571923 8383 WILSHIRE BLVD NO 202 BEVERLY HILLS CA 90211 KENT E SETON 3105571923 2013-04-05 1 GLORIA D BIRNKRANT P00436548 3102732501 2011 2016-03-07 17:11:31Z X X EDWARD CHARLES FOUNDATION FOR NONPROFITS KENT E SETON 8383 WILSHIRE BLVD NO 202 BEVERLY HILLS CA 90211 266250 0 X HTTP://WWW.EDWARDCHARLESFOUNDATION.ORG X 2009 DE FISCAL SPONSORSHIP OF CHARITABLE PROGRAM SERVICES. 2 2 0 5 0 0 245414 20836 0 0 266250 0 0 0 0 0 168091 168091 98159 30833 128992 0 30833 128992 X TO ACT AS A FISCAL SPONSOR FOR INDIVIDUALS AND ORGANIZATIONS THAT DESIRE TO OPERATE AND RAISE MONIES AND GIVE MONIES FOR CHARITABLE PURPOSES AND PROGRAMS. 0 1 52050 SPONSOR TO A GRAN FOUNDATION:A GRAN FOUNDATION EMPOWERS OUR YOUTH WITH THE TOOLS FOR A SUCCESSFUL FUTURE. IT PROVIDES YOUTH WITH THE SKILLS TO EMBRACE LEARNING, LEAD HEALTHY LIVES AND MENTOR OTHERS IN THEIR COMMUNITY. IT BUILDS PARTNERSHIPS WITH ELEMENTARY SCHOOLS AND THE COMMUNITY TO UTILIZE MENTORSHIP TO IMPLEMENT PROGRAMS THAT INCORPORATE STRENGTHENING STUDENTS' PHYSICAL AND MENTAL WELL-BEING. SPECIFICALLY, IT ESTABLISHED ROCKY'S ROAD PROGRAM AT YORKSHIRE ELEMENTARY SCHOOL IN MANASSAS, VIRGINIA. ROCKY'S ROAD TRACKS THE EVOLUTION OF 26 KINDERGARTNERS WHO HAVE BEEN IDENTIFIED AS NEEDING MORE SUPPORT. THE PROGRAM IS LED BY LOCAL HIGH SCHOOL STUDENTS AND CHAMPIONED BY 5TH GRADE MENTORS, WHO WORK WITH EACH STUDENT TO SET PERSONAL GOALS AND TRACK THEIR PROGRESS THROUGH HEALTHY MIND/HEALTHY BODY DAILY WORKBOOKS, WEEKLY ACTIVITIES AND MONTHLY CHECK-INS WITH THEIR PARENTS. ALL ACTIVITIES ARE ENTERED INTO AN ONLINE COMPUTER DATABASE WHICH TRACKS THE PATH OF SUCCESS DOWN ROCKY'S ROAD. ROCKY'S ROAD WILL SHOW THAT WITH THE RIGHT TOOLS ANY STUDENT CAN ACHIEVE SUCCESS. 40008 SPONSOR TO ALL SPORTS UNITED:ALL SPORTS UNITED PROVIDES A PLATFORM FOR ATHLETES, SPORTS PERSONALITIES, BUSINESSES AND INDIVIDUALS TO ENGAGE IN PHILANTHROPIC ENDEAVORS WHILE IMPROVING THE EFFICIENCY OF THE GREATER COMMUNITY. 23726 SPONSOR TO GODSPEED:GODSPEED IS A DOCUMENTARY FILM PRODUCED BY 1ST WAVE PRODUCTIONS. THE FILM PRESENTS AN INSPIRATIONAL STORY ABOUT PAGE JONES, FORMER RACECAR DRIVER, AND HIS RECOVERY FROM CAREER-ENDING BRAIN INJURY SUFFERED WHILE RACING IN 1994. THE MOVIE PRESENTS HOPE FOR THOSE WHO STRUGGLE WITH TBI AND THEIR FAMILIES, HELPING THEM UNDERSTAND THAT THEY ARE NOT ALONE ON THIS OFTEN-LONG JOURNEY HOME. 45548 SERVED AS A FISCAL SPONSOR FOR SIX MORE ORGANIZATIONS TO PERFORM CHARITABLE PURPOSES. 45548 161332 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 0 0 0 0 0 0 0 0 0 X 2 2 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 CA X KENT E SETON 3105571923 8383 WILSHIRE BLVD STE 202 BEVERLY HILLS CA 90211 X KENT E SETON 1.00 X X 0 0 0 KEVIN GRIGORENKO 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 245414 245414 FISCAL SPONSORSIP FEE 900099 20836 20836 20836 266250 20836 0 0 2593 2593 350 350 2950 2950 FISCAL SPONSORSHIP DISB 144927 144927 FISCAL SPONSORSHIP FEES 15636 15636 MISCELLANEOUS 1635 769 866 168091 161332 6759 0 30833 128992 30833 128992 0 0 X 0 0 0 0 30833 128992 30833 128992 30833 128992 X 98159 0 X 0 0 0 X 176554 57221 245414 479189 176554 57221 245414 479189 252488 226701 479189 35045 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 266250 168091 98159 98159 CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 THE ORGANIZATION NO LONGER OPERATES EDUCATIONAL SEMINARS AND CONFERENCES REGARDING DISSOLUTION NOR DOES IT RECEIVE ASSETS ON BEHALF OF DISSOLVING ORGANIZATIONS FOR DISTRIBUTION TO OTHER CHARITABLE ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION MADE THE FOLLOWING CHANGES TO THE ORGANIZATIONAL DOCUMENTS SINCE THE PRIOR FORM 990 WAS FILED: FIRST, THE ORGANIZATION THE FOUNDATION REFERRED TO IN ITS IRS FORM 1023, THE EDWARD CHARLES INSTITUTE OF NONPROFIT MERGERS AND ACQUISITIONS IS DEFUNCT. AS REPRESENTED IN THE FOUNDATION'S IRS FORM 1023, THE FOUNDATION DID NOT MAKE ANY BUSINESS REFERRALS TO THE INSTITUTE BEFORE ITS DEMISE. SECOND, THE ORGANIZATION RESERVES THE RIGHT TO PAY REASONABLE COMPENSATION TO ITS EXECUTIVES IN COMPLIANCE WITH CODE SECTION 4958. THE FOUNDATION IS NOT CURRENTLY COMPENSATING ANY OF ITS EXECUTIVES, BUT MAY DO SO IN THE FUTURE. ALSO, MR. SETON IS THE MANAGING PARTNER OF A LAW FIRM, SETON AND ASSOCIATES. PERIODICALLY, THE FIRM WILL PROVIDE LEGAL OR ADMINISTRATIVE STAFF SUPPORT TO THE FOUNDATION. THE FOUNDATION WILL REIMBURSE THE FIRM FOR REASONABLE EXPENSES IT INCURS IN CONNECTION WITH PROVIDING STAFF AND SUPPORT SERVICES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED AND SIGNED BY THE CEO/TREASURER. FORM 990, PART VI, SECTION B, LINE 12 EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, READ AND UNDERSTANDS THE POLICY, AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION IS NOT CURRENTLY COMPENSATING ANY OF ITS EXECUTIVES, BUT MAY DO SO IN THE FUTURE. ORGANIZATION RESERVES THE RIGHT TO PAY REASONABLE COMPENSATION TO ITS EXECUTIVES IN COMPLIANCE WITH CODE SECTION 4958. FOR EXAMPLE, THE FOUNDATION MAY PAY REASONABLE COMPENSATION TO KENT SETON FOR SERVICES HE RENDERS THE FOUNDATION AS ITS CHIEF EXECUTIVE OFFICER. WHEN COMPENSATING DISQUALIFIED PERSONS, THE FOUNDATION WILL ADHERE TO THE DEFINITION OF REASONABLE COMPENSATION AS SET FORTH UNDER SECTION 53.4958-4(B)(1)(II) OF THE TREASURY REGULATIONS. THAT SECTION PROVIDES THAT REASONABLE COMPENSATION IS THE AMOUNT THAT WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES, WHETHER TAXABLE OR TAX-EXEMPT, UNDER LIKE CIRCUMSTANCES. FURTHERMORE, ANY COMPENSATION THE FOUNDATION PAYS TO A DISQUALIFIED PERSON WILL BE APPROVED IN ADVANCE BY THE FOUNDATION'S BOARD OF DIRECTORS PURSUANT TO THE PROCEDURES FOR ESTABLISHING A REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER CODE SECTION 4958 (AND SUPPORTING TREASURY REGULATIONS). IN OTHER WORDS, IT WILL BE APPROVED IN ADVANCE BY AN INDEPENDENT GROUP OF BOARD MEMBERS, IT WILL BE BASED ON APPROPRIATE COMPARABILITY DATA, AND IT WILL BE ADEQUATELY DOCUMENTED. THE BOARD WILL USE THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER CODE SECTION 4958 ALSO TO ENSURE THAT COMPENSATION DOES NOT CONSTITUTE PRIVATE INUREMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, FORM 1023 AND 990 ARE AVAILABLE IN OFFICE AT ANY TIME. FISCAL SPOSSORHIP DISBURSEMENTS FORM 990, PART IX, LINE 24 THE ORGANIZATION ACTS AS A FISCAL SPONSOR TO OTHER NOT FOR PROFIT ORGANIZATIONS. THE DISBURSEMENTS WERE MADE FOR THE FOLLOWING ENTITIES: - GIRL ON A WALL, INC., $17,126 - YELLOW RIBBON UNITED, $3,000 - ALL SPORTS UNITED, $37,136 - AUTISM RESOURCES, $1,891 - A GRAN FOUNDATION, $46,217 - GODSPEED, $22,357 - MISSY BEAVER, $17,200