2013-01-08T12:35:31-06:00 2012-06-30 521511275 Raffa PC 1899 L Street NW Suite 900 Washington DC 20036 990PF 2011-07-01 237000192 Commonweal Foundation Inc COMM 2404500000 10770 Columbia Pike No 150 Silver Spring MD 20901 Christopher Sharkey 2404500000 2013-01-08 1 Frank H Smith P00639053 2028225000 2013-01-07 2011 2016-03-07 17:11:31Z X 187647573 X 75267574 2825 2825 2825 4077976 4077976 4077976 5569732 25999000 19154062 448846 84257 84257 84257 85002364 23319120 4613904 599470 50955 50955 548513 2608211 25935 25935 2569619 588857 16933 16933 589938 24244 0 0 16288 87034 0 0 85555 339075 9841 9841 347524 2318125 0 0 515000 55385 0 0 235440 0 0 96877 227747 29 29 224811 12471 0 0 12791 3721440 90618 90618 3068698 10817499 194311 194311 8075614 6637987 2251169 17455486 194311 194311 10326783 67546878 23124809 4419593 1959107 428203 428203 15150662 25798148 25798148 83779 122325 122325 4878411 8297356 8297356 6672000 97568955 97568955 24392525 24191320 24191320 958009 83952 874057 874057 874057 31333613 29345192 29345192 556967 306506 85072 250461 250461 322242 771556 771556 85751468 187647573 187647573 1040083 1623045 1690243 6077061 11053 1854177 2741379 9554283 X 83010089 102624293 65468997 10000000 83010089 178093290 85751468 187647573 83010089 67546878 27536323 178093290 0 178093290 Publicly Traded Securities P 2011-12-31 7263357 7029209 234148 234148 500000 Shs. Choice Hotels, Inc D 18735643 173670 18561973 18561973 Short-Term Gain-Allen Global Ptnrs. K-1 P 214698 214698 Short-Term Gain-Allen Global Ptnrs. K-1 P 143243 143243 19154062 448846 0 9031105 85297944 0.105877 10518515 84356533 0.124691 11952232 87130579 0.137176 9984307 90490722 0.110335 7614006 90351480 0.084271 0.562350 0.112470 163528737 18392077 231248 18623325 10547557 462496 0 462496 0 462496 482909 482909 X 20413 20413 0 0 0 0 0 0 0 0 0 0 0 1 1 DC MD 1 1 0 0 0 1 www.cweal.org The Foundation 2404500000 10770 Columbia Pike Ste 150 Silver Spring MD 20901 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 Barbara Bainum 10770 Columbia Pike 150 Silver Spring MD 20901 40.00 234697 20818 0 Rozita Lagorce Green 10770 Columbia Pike 150 Silver Spring MD 20901 40.00 160952 19445 0 Christopher Sharkey 10770 Columbia Pike 150 Silver Spring MD 20901 40.00 203821 21231 0 Stewart Bainum 10770 Columbia Pike 150 Silver Spring MD 20901 1.00 0 0 0 Bruce Bainum 10770 Columbia Pike 150 Silver Spring MD 20901 1.00 0 0 0 Roberta Bainum 10770 Columbia Pike 150 Silver Spring MD 20901 1.00 0 0 0 Alexander Froom 10770 Columbia Pike 150 Silver Spring MD 20901 1.00 0 0 0 Charles A Ledsinger 10770 Columbia Pike 150 Silver Spring MD 20901 1.00 0 0 0 James Mac Cutcheon 10770 Columbia Pike 150 Silver Spring MD 20901 1.00 0 0 0 Garland Moore 10770 Columbia Pike 150 Silver Spring MD 20901 1.00 0 0 0 Scott Renschler 10770 Columbia Pike 150 Silver Spring MD 20901 1.00 0 0 0 Christine Shreve 10770 Columbia Pike 150 Silver Spring MD 20901 1.00 0 0 0 Katarzyna Hlavaty 10770 Columbia Pike Silver Spring MD 20901 40.00 117559 17482 0 Jane Parra 10770 Columbia Pike Silver Spring MD 20901 40.00 126960 6830 0 Christopher Thorn 10770 Columbia Pike Silver Spring MD 20901 40.00 120791 10964 0 Lisa Cooksey 10770 Columbia Pike Silver Spring MD 20901 32.00 105230 9994 0 Virginia Gentilcore 10770 Columbia Pike Silver Spring MD 20901 40.00 87900 2280 0 13 Chesapeake Coalition of Essential Sch PO Box 350 North East MD 21901 Consulting 99544 Trellon LLC CO Howard Park 1249 South Carolina Ave SE Washington DC 20003 Database Systems 90020 0 Under the Pathways to Success umbrella, the Boarding and Day School Programs (BDSP) consist of Student Support Services (SSS), School Enhancement Program (SEP), Seventh-day Adventist Initiative (SDAI). SSS offers comprehensive direct services to BDSP scholars and the partner school community focused on the following core areas: scholarship, academic preparation and enrichment, civic and social engagement, career and workforce readiness, and mental health wellness. BDSP personnel visit the students at their schools, review the students' academic progress, and monitor the students' participation in employment or community service programs. Award amounts are determined on a case-by-case basis and could not exceed $6,500. Funds are distributed directly to the schools. A student's family must have an adjusted gross income equal to or less than the Foundation's income guidelines. For the year ended June 30 2012, 745 studenents were awarded financial assistance under SSS. 3683931 Some BDSP partner schools do not have systems and faculty in place to meet the Foundation's requirements to provide appropriate services to BDSP scholars. The Foundation offers School Enhancement Program (SEP) service contracts to help the partner schools fully implement Commonweal's BDSP. The purpose of the SEP is to provide qualifying BDSP partner schools training and technical assistance that equip the partner schools with the knowledge, skills and processes to improve student achievement. Since student achievement is closely linked to college and workforce readiness, the SEP Continuous School Improvement (CSI) is the Foundation's evidenced-based program model centered on building the capacity of partner schools to develop a vision with which to align all of their processes and continuously use data to evaluate whether the partner schools' instruction, curriculum, assessment and school processes improve learning outcomes for all students. 753440 Seventh-day Adventist Initiative (SDAI) offers comprehensive support to Seventh-day-Adventist schools to build their organizational effectiveness in the areas of board governance; leadership; instruction and curriculum; and, infrastructure and finance. Support for SDAI is provided through grants, service contracts, and direct technical assistance provided by Foundation staff. 689424 Also operating under the Pathways to Success umbrella, After School Programs (ASP) offer direct services to children living in underserved communities within the Washington, DC Metropolitan area. Two programs operate under ASP: 1) Learning Support Program (LSP) learning specialists provide tutoring in reading, writing and study skills to students in grades 1-12 with learning differences and/or Attention Deficit Hyperactivity Disorder (ADHD). Students attend tutoring and summer remediation 2 to 5 times/week in neighborhood libraries, schools, or community programs. 2) Partners-in-Learning Program (PINL) provides supplemental instruction in phonics, reading comprehension, and writing at collaborating school and community sites to children in K-12 who are in jeopardy of academic failure. PINL groups average 4 children, and meet 2 to 4 times/week. For the year ended June 30, 2012, 513 and 394 students were assisted through LSP and PINL, respectively. 2102949 0 125188992 15339111 25490919 166019022 7194583 0 166019022 2490285 163528737 8176437 X 10326783 0 220774 10547557 0 10547557 X 4419593 3777818 1650561 1172548 11020520 3756654 3211145 1402977 996666 9367442 10547557 9031105 10535021 11970192 42083875 2251169 526067 367172 363025 3507433 8296388 8505038 10167849 11607167 38576442 0 0 5450958 2843265 2811885 2904353 14010461 0 0 0 0 The Commonweal Foundation 10770 Columbia PikeSuite 150 Silver Spring MD 20901 2404500000 The Commonweal Foundation requires applicants to complete an online grant application. The application can be accessed at www.cweal.org. If organizations are unable to complete the online application they should contact the Grants Department staff by emailing grants@cweal.org before applying. Applicants must attach a list of Board of Directors (include term of service, leadership roles, and corporate affiliations), a current budget for entire organization and for specific project as per request, and details of board contributions (% of board that contributes, range of individual giving, and total board gifts for most recent fiscal year, excluding in-kind and gifts attributed to board member),and the current 990 and recent independent audit report. February 1 and August 1. The following guidelines help to direct the Foundation's funding decisions within the Community Assistance Grants Program: The Foundation will only consider requests that address the education needs of disadvantaged children and youth. We are particularly interested in helping organizations that implement strategies that foster partnership building. We consider requests for General Operating and Project specific support. Programs should be located in Washington, DC, Maryland, or Northern Virginia. The organization's Annual Operating Budget may not exceed $2,500,000. All programs must have a 501 (c) (3) private /public non-profit tax exempt status with the IRS. The maximum grant award under this program is $50,000. Organizations may submit a proposal for only one deadline within a 12 month period. Generally organizations that have received recent funding for 3 consecutive years must skip a year before re-applying. Takoma Academy 8120 Carroll Ave Takoma Park MD 20912 None 501c3 Remedial Education Summer Bridge Program 30000 Potomac Conference 606 Greenville Ave Staunton VA 24401 None 501c3 Renovation of Sligo & JNA Elementary Schools 1958507 Maranatha 900 Reserve Drive Suite 100 Roseville CA 95678 None 501c3 EEC Buildings 176000 Potomac Conference 606 Greenville Ave Staunton VA 24401 None 501c3 Takoma Academy Chapel Renovation 85881 Arbor Day Foundation 100 Arbor Ave Nebraska City NE 68410 None 501c3 General Operating/Mission 10 Archdiocese of Washington PO Box 29260 Washington DC 20002 None 501c3 General Operating/Mission 100 Boys & Girls Club 317 Comingo Ave Joplin MO 68401 None 501c3 General Operating/Mission 25 Latin American Youth Center 1419 Columbia Rd NW Washington DC 20009 None 501c3 General Operating/Mission 166 Movember PO Box 2726 Venice CA 90294 None 501c3 General Operating/Mission 20 Sharon Bible Fellowship 6117 Seabrook Road Lanham MD 20706 None 501c3 General Operating/Mission 225 St Joseph's Indian School 1301 N Main Street Chamberlain SD 57325 None 501c3 General Operating/Mission 100 The Smith Fund 33 Elm Street Northampton MA 01063 None 501c3 General Operating/Mission 50 WGA Caddie Scholarship Fund Inc 49 Knollwood Road Suite 220 Elmsfort NY 10523 None 501c3 General Operating/Mission 60 Women in Progress PO Box 18323 Minneapolis MN 55418 None 501c3 General Operating/Mission 25 2251169 Potomac Conference 606 Greenville Ave Staunton VA 24401 None 501c3 Olney Adventist Preparatory School 1500000 Potomac Conference 606 Greenville Ave Staunton VA 24401 None 501c3 Olney Adventist Preparatory School Matching Grant 50000 Maranatha 900 Reserve Drive Suite 100 Roseville CA 95678 None 501c3 EEC Buidlings 1824000 Florida Conference PO Box 2626 Winter Park FL 327902626 None 501c3 Naples Adventist Church 438842 Maranatha 900 Reserve Drive Suite 100 Roseville CA 95678 None 501c3 Management, General, and Fundraising Expenses 500000 Potomac Conference 606 Greenville Ave Staunton VA 24401 None 501c3 Takoma Academy Chapel Renovation 264119 Potomac Conference 606 Greenville Ave Staunton VA 24401 None 501c3 TA Cluster Renovation 1500000 Dickinson College PO Box 1773 Carlisle PA 17013 None 501c3 General Operating/Mission 100 6077061 14 2825 14 4077976 14 84257 18 5569732 0 9734790 0 9734790 0 0 0 0 0 0 0 0 0 0 X X 1 Rose-Marie and Jack R Anderson Fnd 16475 Dallas Parkway 735 Addison TX 75001 40000 X 2 Stewart and Jane Bainum 10770 Columbia Pike 150 Silver Spring MD 20901 75014787 X 2 3,000,000 Shares of Choice Hotel Intl., Inc. at $25.0049291 75014787 2011-08-31 Accounting 87034 0 0 85555 Transactions qualifying for self-dealing exception (see Statement 27) Form 990-PF, Part VII-B During the year ended June 30, 2012, the Foundation was involved in certain transactions which qualify under the self-dealing exceptions described in Treasury Regulation 53.4941(d)-3.During Fiscal year 2012, the Foundation paid $30,623 for accounting professional services of Realty Investment Company, Inc., (Realty) a corporation controlled by the Principal Sponsors' family. This was conducted under a cost sharing arrangement as allowed under current tax regulations. Continued explanation of blockage reduction (See Statement 29) Form 990-PF, Part X line 1e An independent appraisal of the 3,000,000 shares donated to the Foundation in 2011 was performed as of June 22, 2011 and the appraiser opined that the adjustment applicable to the 3,000,000 shares of CHH was 7.5%. An updated independent appraisal was performed as of June 30, 2012, Commonweal's fiscal year end in which the appraiser opined that the appropriate adjustment applicable to the remaining 2,700,000 shares of CHH owned as of that date was 9.5%.For the purpose of calculating the average monthly fair market value of CHH included in line 1a of Part X, the Foundation reduced the value of CHH by 7.5% from August 2011, when it received the 3,000,000 CHH shares, through May 2012, and for the month of June 2012, the reduction was 9.5%. Corporate fixed income 24191320 24191320 Common stocks 97568955 97568955 0 0 8297356 8297356 Office expansion 83952 83952 0 0 Land 874057 0 874057 874057 Investment in limited partnership FMV 25536350 25536350 Certificate of deposits FMV 3808842 3808842 Computer hardware 156157 100490 55667 55667 Furniture and equipment 82601 55070 27531 27531 Telephone system 30004 1071 28933 28933 Computer software 288205 149875 138330 138330 Legal 24244 0 0 16288 Accrued interest/dividend receivable 322242 731556 731556 Federal excise tax receivable 0 40000 40000 Bank fees 7368 7368 7368 0 Equipment and maintenance 28752 0 0 26114 Dues and subscription 23854 0 0 40729 Staff recruiting 46016 0 0 45671 Insurance 36324 0 0 37188 Office supplies 35901 0 0 39269 Postage and delivery 6647 511 511 8936 Student expenses 43726 0 0 43330 Telehpone 14659 0 0 13380 School Enhancement Contracts 721430 0 0 452615 Scholarships 2746532 0 0 2434046 Allocation of Corporate G&A 0 82739 82739 -82739 Micellaneous 10231 0 0 10159 Non-Capital Gain(Loss) from Allen Global K-1 84257 84257 84257 Unrealized gain on investments 27536323 Deferred federal excise tax payable 11053 1854177 Other professional fees 339075 9841 9841 347524 In August 2011, the Foundation received a contribution of 3,000,000 shares representing over 5% of Choice Hotels International (CHH or Company), a public company traded on the New York Stock Exchange. The donors are affiliates of CHH and they and their descendants own 47% of the Company. Further, the Chairman of the Board of the Foundation and two Directors are affiliates of CHH by virtue of their ownership and one of the other Foundation Directors is an affiliate by virtue of being a CHH Director. Given these relationships and the size of the position that the Foundation owns in CHH, the Foundation has been treated as an affiliate and, thus, it is subject to Securities and Exchange Commission (SEC) restrictions on the timing and manner of selling its CHH stock including SEC Rule 144. (See Statement 28 and 29 for additional explanation.) Federal excise tax 2318125 0 0 515000