2012-10-09T14:43:17-05:00 2011-12-31 351178661 BLUE & CO LLC 106 COMMUNITY DR SEYMOUR IN 47274 990 2011-01-01 351934464 OWEN COUNTY COMMUNITY FOUNDATION OWEN 8128291725 PO BOX 503 SPENCER IN 47460 MARK ROGERS 8128291725 2012-09-26 1 KANDY L WISCHMEIER CPA P00118327 8125228416 2012-09-26 2011 2016-02-24 21:20:13Z MARK ROGERS PO BOX 503 SPENCER IN 47460 2792795 0 X WWW.OWENCOUNTYCF.ORG X 1994 IN OWEN COUNTY COMMUNITY FOUNDATION'S VISION IS TO BE WIDELY RECOGNIZED AS THE LEADING COMMUNITY RESOURCE TO PROMOTE PHILANTHROPY AND MATCH DONORS WITH NEEDS IN OWEN COUNTY. 14 14 3 45 0 0 339927 272557 0 0 106134 189910 -4579 -7446 441482 455021 233910 172693 0 0 101553 93690 0 0 80001 96280 91320 431743 357703 9739 97318 4078108 4030159 197816 177220 3880292 3852939 THE OWEN COUNTY COMMUNITY FOUNDATION IS COMMITTED TO HELP MAKE OUR COMMUNITIES BECOME BETTER PLACES TO GROW, WORK, AND LIVE. THE FOUNDATION ALSO MATCHES DONORS WITH NEEDS IN OWEN COUNTY. 0 0 234487 172693 2077 GRANTS AND SCHOLARSHIPS: ACHIEVEMENT OF THIS PROGRAM'S PURPOSE PROVIDES SUPPORT FOR ORGANIZATIONS PERFORMING CHARITABLE WORK IN OWEN COUNTY TO HELP MAKE OUR COMMUNITIES BECOME BETTER PLACES TO GROW, WORK AND LIVE AS WELL AS TO HELP THESE GROUPS REMAIN RELEVANT OVER TIME AND RESPONSIVE TO CHANGING CIRCUMSTANCES. SCHOLARSHIP GRANTS TO INDIVIDUALS HELP STUDENTS PURSUE THEIR ACADEMIC GOALS AND HELP RAISE THE LEVEL OF EDUCATIONAL ATTAINMENT IN OWEN COUNTY. 234487 1 1 0 0 0 1 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X X MARK ROGERS 8128291725 PO BOX 503 SPENCER IN 47460 JOHN HACKWORTHY 1.00 X X 0 0 0 PHYLLIS TUCKER 1.00 X X 0 0 0 MARILYN JACKSON 1.00 X X 0 0 0 TAD WILSON 1.00 X X 0 0 0 GARY ARMSTRONG 1.00 X 0 0 0 JOSHUA CLARK 1.00 X 0 0 0 RHONDA DYER 1.00 X 0 0 0 BOB LIVINGSTON 1.00 X 0 0 0 STEVE MADER 1.00 X 0 0 0 CONNIE NEIHART 1.00 X 0 0 0 DORIS SCULLY 1.00 X 0 0 0 J BRADLEY THURSTON MD 1.00 X 0 0 0 SALLY VANCE 1.00 X 0 0 0 MARGE NEUMEYER 1.00 X 0 0 0 MARK E ROGERS 40.00 X 49598 0 0 49598 0 0 0 0 0 0 0 400 19188 252969 272557 146580 146580 2367168 2323838 43330 43330 43330 4413 19188 13936 -9523 -9523 OTHER INCOME 900099 2077 2077 2077 455021 2077 0 180387 152418 152418 20275 20275 49598 11407 12400 25791 37438 8610 9360 19468 6654 1530 1664 3460 30378 30378 17923 14338 3585 12549 1255 11294 15334 3242 1449 10643 4800 1584 1584 1632 1689 760 169 760 1561 468 312 781 2574 850 849 875 3102 1023 1055 1024 DUES AND SUBSCRIPTIONS 1307 653 654 MISCELLANEOUS 103 34 35 34 357703 234487 43215 80001 749258 366666 264672 268173 58700 55900 37138 30915 7098 6223 2795606 3139741 202774 193456 4078108 4030159 1572 1619 45341 40455 150903 135146 197816 177220 X 330782 327251 3523510 3499688 26000 26000 3880292 3852939 4078108 4030159 X 97318 -124671 X X 0 1 1 X 0 X 421766 206549 589970 339927 272557 1830769 421766 206549 589970 339927 272557 1830769 313910 1516859 173035 129750 89372 111788 146580 650525 1971 4503 2077 8551 2489845 0.60920 0.52200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5 1512 1525 73653 1 1 0 1 3508453 162883 14719 166035 38256 3481764 3256405 99250 290607 98346 39463 3508453 2817622 98989 403179 31263 32122 3256405 4100997 165855 -1213955 169105 66170 2817622 0.03000 0.01000 0.96000 0 0 37138 30915 6223 6223 CHARITABLE GIFT ANNUITIES 76588 LIABILITY UNDER CHARITABLE TRUST 58558 135146 455021 357703 97318 -144165 19494 -124671 -27353 358185 -144165 15600 67707 -60858 419043 30378 5600 35978 455021 385538 15600 53099 68699 316839 30378 10486 40864 357703 PART IV, LINE 2B: THE COMMUNITY FOUNDATION HOLDS AND ADMINISTERS THE ENDOWMENT FUND, AND ALL CONTRIBUTIONS AND ASSETS ALLOCABLE TO THE FUND, SUBJECT TO THE PROVISIONS OF APPLICABLE LAW AND THE COMMUNITY FOUNDATION'S ARTICLES OF INCORPORATION AND BYLAWS, AS AMENDED FROM TIME TO TIME. THE BOARD OVERSEE'S AND DISTRIBUTES FROM THE FUND AND HAS ALL POWERS OF MODIFICATION AND REMOVAL SPECIFIED IN THE UNITED STATES TREASURY REGULATION. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE EITHER UNRESTRICTED TO USE AS DETERMINED BY THE BOARD OF DIRECTORS OR RESTRICTED BY THE PURPOSE OF THE FUND AGREEMENTS WHICH ESTABLISHED THEM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY OCCF AND RECOGNIZE A TAX LIABILITY IF OCCF HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY OCCF, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2011 AND 2010, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS SUCH, OCCF IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, OCCF IS REQUIRED TO FILE FEDERAL FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX WHICH IS AN INFORMATIONAL RETURN ONLY. OCCF IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 14,608. SFAS 136 ADJUSTMENT 4,886. TOTAL TO SCHEDULE D, PART XI, LINE 8: 19,494. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 14,608. ADMINISTRATIVE FEES 39,163. SPECIAL EVENTS 13,936. PART XII, LINE 4B - OTHER ADJUSTMENTS: SFAS 136 ADJUSTMENT 5,600. PART XIII, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES 39,163. SPECIAL EVENTS 13,936. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SFAS 136 ADJUSTMENT 10,486. JIM FULFORD GOLF OUTING 21815 19188 2627 750 925 952 OTHER EVENTS 1786 1786 300 11009 23601 19188 4413 750 1225 11961 13936 -9523 1 OWEN CO LEARNING NETWORK PO BOX 603 SPENCER IN 47460 201442919 501(C)(3) 51705 EARLY CHILDHOOD DEVELOPMENT AREA 10 AGENCY ON AGING 630 EDGEWOOD ELLETTSVILLE IN 47429 310955307 501(C)(3) 10375 FOOD DISTRIBUTION TOWN OF GOSPORT PO BOX 146 GOSPORT IN 47433 356005552 GOV'T 47400 DOWNTOWN RENEWAL 3 0 SCHOLARSHIPS 35 20275 GRANTEES COMPLETE AGREEMENT PRIOR TO RECEIVING CHECKS AND THEY SUBMIT A REPORT, ALONG WITH ACCOUNTING RECEIPTS, TO SUBSTANTIATE USE OF GRANT MONIES. SCHOLARSHIP RECIPIENTS ARE ALLOWED TO CHOOSE WHETHER THEY OR THE SCHOOL THEY WILL BE ATTENDING ARE TO RECEIVE THE SCHOLARSHIP MONIES. IF THE CHECK GOES TO THE SCHOOL, IT IS SENT WITH A FORM SHOWING STUDENT NAME AND SCHOOL ID AND HOW TO APPLY THE MONEY, WHETHER TO FULL OR PART OF THE YEAR. IF THE CHECK GOES TO THE STUDENT, THEY SUBMIT A REPORT, ALONG WITH ACCOUNTING AND RECEIPTS TO SUBSTANTIATE USE OF SCHOLARSHIP MONIES. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD APPROVES FINANCIAL STATEMENTS WHICH ARE USED TO PREPARE THE FORM 990. ONCE THE 990 IS RECEIVED, THE BOARD WILL REVIEW AND APPROVE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C IN JANUARY OF EACH YEAR, EACH BOARD MEMBER MUST UPDATE HIS/HER CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR'S SALARY IS ESTABLISHED BASED ON MARKET SALARIES FOR COMPARABLE MANAGEMENT/ADMINISTRATIVE POSITIONS, FINANCIAL INSTITUTIONS COMPENSATION SURVEY (CROWE-CHIZEK-INDIANA), AND COMMUNITY FOUNDATION STAFFING AND SALARY COMPARISONS (INDIANA GRANTMAKERS ALLIANCE). SUBSEQUENT ADJUSTMENTS ARE BASED ON INCUMBENT'S ANNUAL PERFORMANCE EVALUATION AND THE SOCIAL SECURITY ADMINISTRATION'S ANNUAL COST-OF-LIVING ADJUSTMENTS. ALL ISSUES RELATING TO EXECUTIVE DIRECTOR COMPENSATION ARE HANDLED BY THE INDEPENDENT BOARD OF DIRECTORS UNDER THE OWEN COUNTY COMMUNITY FOUNDATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 FORMS 1023 AND 990 ARE BOTH AVAILABLE IN OUR OFFICES FOR THE PUBLIC. OUR PUBLIC DISCLOSURE BINDER CONTAINS THE FOLLOWING: IRS DETERMINATION LETTER, FORM 1023, 3 MOST RECENT 990 FILINGS, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, INVESTMENT INFORMATION DISCLOSURE, ANNUAL REPORTS OF OWEN COUNTY COMMUNITY FOUNDATION. OWEN COUNTY COMMUNITY FOUNDATION'S 990 CAN ALSO BE ACCESSED THROUGH GUIDESTAR. WE ARE UNAWARE OF ANY OTHER WEBSITES THAT MAKE OUR FORM 1023 OR FORM 990S AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -144,165. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 14,608. SFAS 136 ADJUSTMENT 4,886. TOTAL TO FORM 990, PART XI, LINE 5: -124,671. CHANGE IS PROCEDURES OF AUDIT COMMITTEE FORM 990, PART XII, LINE 2C THE PROCEDURES THE AUDIT COMMITTEE TAKES ANNUALLY DID NOT CHANGE IN THE CURRENT YEAR.