2013-11-14T12:25:19-06:00 2012-12-31 BARNES BROCK CORNWELL & HEILMAN PLC 908 EDEN WAY N STE 201 CHESAPEAKE VA 233202640 990 2012-01-01 272529017 THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION SOUT 7573975424 5800 HIGH STREET WEST PORTSMOUTH VA 23703 THOMAS E WOOD 7573975424 2013-05-08 true KIMBERLY C PAINTER 7579615017 2013-11-14 2012 2016-02-25 16:41:14Z THOMAS E WOOD 5800 HIGH STREET WEST PORTSMOUTH VA 23703 3995695 false X WWW.SEVACF.ORG X 2010 VA CONNECTING PEOPLE WHO CARE WITH CAUSES LARGE AND SMALL TO BENEFIT THE COMMUNITIES WE SERVE. 27 26 3 -44732 -44732 637139 1400323 0 243522 83077 92478 25527 973139 1508927 641461 469067 0 141039 182746 0 18275 213795 222101 996295 873914 -23156 635013 8790655 10168630 514 51923 8790141 10116707 CONNECTING PEOPLE WHO CARE WITH CAUSES LARGE AND SMALL TO BENEFIT THE COMMUNITIES WE SERVE. false false 3564 THE FOUNDATION ADMINISTERS 12 SCHOLARSHIP FUNDS AND ANNUALLY HOLDS A CELEBRATION INVITING BOARD MEMBERS, ADVISORY BOARD MEMBERS, SCHOLARSHIP DONORS, AWARDEES AND THIER FAMILY MEMBERS; 163 INDIVIDUALS WERE INVITED AND 124 PERSONS IN ATTENDANCE. 378676 378676 GRANTS TO LOCAL CHARITIES - THE FOUNDATION AWARDED 103 GRANTS TO 76 LOCAL CHARTIES IN THE CHARITABLE AREAS OF EDUCATION; HEALTH AND HUMAN SERVICES; CIVIC AND ECONOMIC DEVELOPMENT; AND RELIGIOUS ORGANIZATIONS. GRANTS ARE SUGGESTED BY FUND ADVISORS, ARE MADE FROM DESIGNATED OR FIELD OF INTEREST FUNDS, OR ARE RECOMMENDED AND APPROVED BY THE BOARD OF DIRECTORS FROM THE COMMUNITY NEEDS FUND (DISCRETIONARY FUNDS FROM UNRESTRICTED DOLLARS.) 402355 90391 DONOR EDUCATION AND OTHER PROGRAMS 784595 true true false false false true false false false true true false false false true true true false false false false false false false false false false true true false false false false false false false false false true false false false true true false false false true 0 0 false 3 true true true false false false false false false X 27 26 false false false false false false false true true false false true true true true true true true false false X X X THOMAS E WOOD 7573975424 5800 HIGH STREET WEST PORTSMOUTH VA 23703 THOMAS R MARSHALL 40.00 X 85994 0 0 THOMAS E WOOD 5.00 X X 0 0 0 J ROBERT BRAY 1.00 X 0 0 0 PAIGE D CHERRY 1.00 X 0 0 0 DONALD W COMER JR 3.00 X X 0 0 0 RAY A CONNER 1.00 X 0 0 0 PATRICK E CORBIN 1.00 X 0 0 0 GLORIA M CREECY 1.00 X 0 0 0 TIMOTHY S CULPEPPER 3.00 X X 0 0 0 AMY W FOLKES 1.00 X 0 0 0 DANIEL E GRUBB 1.00 X 0 0 0 CARL L HARDEE 1.00 X 0 0 0 CLIFTON E HAYES 1.00 X 0 0 0 HEDY HEKLER 1.00 X 0 0 0 LOUIS H HIBBITTS JR 1.00 X 0 0 0 STEPHENS JOHNSON 3.00 X X 0 0 0 DAVID R KENERSON JR 1.00 X 0 0 0 WILLIAM H OAST III 1.00 X 0 0 0 PATRICK L REYNOLDS 1.00 X 0 0 0 SUSAN G ROBERTSON 1.00 X 0 0 0 J HOWARD RODMAN JR 1.00 X 0 0 0 DARYL CLARK 1.00 X 0 0 0 DAVID W STOCKMEIER 1.00 X 0 0 0 EMIL A VIOLA 1.00 X 0 0 0 RICHARD E H WENTZ 3.00 X X 0 0 0 EMILY ROBBINS 1.00 X 0 0 0 SCOTT MATHESON 1.00 X 0 0 0 85994 false false false 649 1399674 865736 1400323 160134 156262 3872 24000 68732 -44732 -44732 -44732 2340979 2418036 -77057 -77057 -77057 ADMINISTRATIVE FEE INCOME 523000 70259 70259 70259 1508927 79205 -44732 74131 403240 403240 65827 65827 85994 64496 12899 8599 58739 44054 8811 5874 834 625 125 84 26065 19549 3910 2606 11114 8335 1667 1112 53423 42738 10685 9050 7240 1810 96351 77081 19270 2290 1832 458 9533 7626 1907 6620 5296 1324 346 277 69 3083 2466 617 23841 19073 4768 1783 1605 178 COMPUTER AND SOFTWARE EXP 3345 2676 669 SCHOLARSHIP EVENT 3043 3043 TELEPHONE 2511 2009 502 MEMBERSHIP DUES 1870 1496 374 5012 4011 1001 873914 784595 71044 18275 52963 188085 1039338 262048 1613978 257473 515934 1356505 7182420 8361992 8790655 10168630 7299 41089 514 3535 514 51923 X 4316828 5540770 2417979 2439984 2055334 2135953 8790141 10116707 8790655 10168630 635013 691559 -6 X false true X true false X 540829 637139 1400323 2578291 540829 637139 1400323 2578291 2578291 75417 1786 3872 81075 34854 92478 70259 197591 2856957 156262 0.90250 0.85210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20 6 250100 10500 188546 5616 2643410 269706 true true 2049567 80619 266705 -64008 -15458 2317425 2069858 124598 101962 -94937 -151914 2049567 1876610 10000 228586 -40762 -4576 2069858 1.00000 false false 277730 277730 1302610 231651 1070959 33638 25822 7816 1356505 PAYROLL LIABILITIES 3535 3535 X 2539323 691559 295338 43499 1030396 1508927 1508927 1216488 295338 47236 342574 873914 873914 LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 FOOTNOTE: THE FOUNDATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE- LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE. THE FOUNDATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE FOUNDATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2012. REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 2D PORTSMOUTH COMMUNITY TRUST 43,499 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D PORTSMOUTH COMMUNITY TRUST 47,236 SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PAGE 4, PART XIII THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2012, 2011, AND 2010 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. true BUSINESS CONSORTIUM FOR ARTS 101 W MAIN STREET NORFOLK VA 23510 541437382 501C3 6500 ARTS AND CULTURE CORNERSTONE MISSIONARY BAPTIST CHUR 8915 MILES PARK AVE CLEVELAND OH 44105 341438780 501C3 30000 RELIGIOUS CRADDOCK BAPTIST CHURCH 96 AFTON PARKWAY PORTSMOUTH VA 23702 501C3 10000 RELIGIOUS ELIZABETH RIVER PROJECT 475 WATER STREET STE 103A PORTSMOUTH VA 23704 541663058 501C3 6000 CIVIC & ECONOMIC DEV GREENBRIER ATHLETIC ASSOC 1100 N BATTLEFIELD BLVD CHESAPEAKE VA 23320 501C3 5300 HEALTH & HUMAN SRV HOLIDAY HOUSE OF PORTSMOUTH INC 4211 COUNTY ST PORTSMOUTH VA 23707 541207126 501C3 11475 HEALTH & HUMAN SRV IDA BARBOUR EARLY LEARNING CTR 1400 CAMDEN AVE PORTSMOUTH VA 23704 540534104 501C3 5300 EDUCATION NAVY MEDICAL CENTER PORTSMOUTH 620 JOHN PAUL JONES CIRCLE PORTSMOUTH VA 23708 501C3 10800 HEALTH & HUMAN SRV OASIS SOCIAL MINISTRY 800A WILLIAMSBURG AVE PORTSMOUTH VA 23704 540908355 501C3 7532 RELIGIOUS PORTSMOUTH MUSEUMS FOUNDATION 521 MIDDLE ST PORTSMOUTH VA 23704 541703447 501C3 15400 ARTS & CULTURE UNITED WAY OF SOUTH HAMPTONROADS PO BOX 41069 NORFOLK VA 235411069 540506322 501C3 10500 HEALTH/HUMAN SRV USO OF HAMPTONROADS PO BOX 7250 HAMPTON VA 23666 541305517 501C3 7000 HEALTH/HUMAN SRV PORTSMOUTH SERVICE LEAGUE PO BOX 6647 PORTSMOUTH VA 23703 546053116 501C3 15000 203 SCHOLARSHIPS 51 65827 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 SCHEDULE I, PART I, LINE 2: ALL GRANT RECEIPIENTS ARE REQUIRED TO FILE A FINAL OUTCOME REPORT. THE FOUNDATION TRACKS ALL REPORTS RECEIVED. X 1 865000 FMV X SUPPLIES 1 736 FMV false false false ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR, PRESIDENT, TREASURER AND CHAIR OF THE FINANCE COMMITTEE REVIEW THE RETURN BEFORE IT IS FILED. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C ON AN ANNUAL BASIS, AT THE FIRST MEETING OF THE FISCAL AND CALENDAR YEAR, A COPY OF THE FOUNDATION'S CONFLICT OF INTEREST STATEMENT WILL BE DISTRIBUTED TO EACH MEMBER OF THE FOUNDATION BOARD OF DIRECTORS AND TRUST DISTRIBUTION COMMITTEE FOR COMPLETION. COMPLETED STATEMENTS WILL BE COLLECTED AT THE END OF THE MEETING. MEMBERS NOT PRESENT WILL RECEIVE A COPY OF THE CONFLICT OF INTEREST STATEMENT BY USPS MAIL OR EMAIL COMPLETION. THE FOUNDATION AMINISTRATIVE STAFF WILL FOLLOW UP WITH EACH BOARD MEMBER TO ENSURE A COMPLETED STATEMENT IS ON FILE FOR EACH MEMBER. EACH BOARD MEETING PACKAGE WILL INCLUDE A LIST OF FOUNDATION BOARD MEMBER AND TRUST DISTRIBUTION COMMITTEE MEMBER CONFLICTS LISTED ON THEIR STATEMENT. THE LISTING WILL BE REFERED TO PRIOR TO ANY VOTE RELATED TO POTENTIAL CONFLICTS. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A DOCUMENTS CAN BE VIEWED ON THE ORGANIZATION'S WEBSITE AS WELL AS ANOTHER'S WEBSITE. THEY ARE ALSO AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS CAN BE VIEWED ON THE ORGANIZATION'S WEBSITE AS WELL AS ANOTHER'S WEBSITE. THEY ARE ALSO AVAILABLE UPON REQUEST. RECONCILIATION OF CHANGES - OTHER FORM 990, PART XI, LINE 9 PORTSMOUTH COMMUNITY TRUST 43,499 PORTSMOUTH COMMUNITY TRUST -47,236 OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 9 UNRESTRICTED NET ASSET BALANCE PORTSMOUTH 0 COMMUNITY TRUST 3,731 CHILDREN'S HOME LLC 5800 HIGH STREET WEST PORTSMOUTH VA 23703 546062589 OWNER VA 540599 SEVACF 3603 COUNTY STREET LLC 5800 HIGH STREET WEST PORTSMOUTH VA 23703 541910608 RENTAL VA 24000 879325 SEVACF PORTSMOUTH COMMUNITY TRUST 5800 HIGH STREET WEST PORTSMOUTH VA 23703 546062589 TRUST VA 501C3 8 SEVACF false false false false false false false false false false false false false false false false false false false false