2012-11-09T11:19:15-06:00 2012-06-30 390758449 WIPFLI LLP 3703 OAKWOOD HILLS PARKWAY EAU CLAIRE WI 54701 990 2011-07-01 392024542 COMMUNITY FOUNDATION OF CHIPPEWA COUNTY INC COMM 7157238125 PO BOX 153 CHIPPEWA FALLS WI 54729 JAMIE LEIBRANDT 7157238125 2012-11-02 1 JENNIFER LINDSTROM P00834024 7158323407 2012-11-02 2011 2016-02-24 21:20:13Z JAMIE LEIBRANDT PO BOX 153 CHIPPEWA FALLS WI 54729 5744541 0 X WWW.YOURLEGACYFOREVER.ORG X 2001 WI ENCOURAGE AND ASSIST INDIVIDUALS AND BUSINESSES TO ACHIEVE THEIR PHILANTHROPIC GOALS BY ACCEPTING AND RECEIVING CONTRIBUTIONS; MANAGING AND GROWING FOUNDATION ASSETS; AND DISTRIBUTING AND GRANTING FUNDS IN ACCORDANCE WITH THE GIFT OR DETERMINATIONS MADE BY THE BOARD OF DIRECTORS. 11 11 5 35 31459 -5572 658101 2106508 34643 0 75594 62686 2894 34569 771232 2203763 14627 62659 0 0 85279 109764 0 0 9459 59223 64040 159129 236463 612103 1967300 5898202 8588904 2644625 3375039 3253577 5213865 X ENCOURAGE AND ASSIST INDIVIDUALS AND BUSINESSES TO ACHIEVE THEIR PHILANTRHOPIC GOALS BY ACCEPTING AND RECEIVING CONTRIBUTIONS; MANAGING AND GROWING FOUNDATION ASSETS; AND DISTRIBUTING AND GRANTING FUNDS IN ACCORDANCE WITH THE GIFT OR DETERMINATIONS MADE BY THE BOARD OF DIRECTORS. 0 0 213435 62659 DURING FISCAL YEAR 2012, 21 NEW FUNDS WERE CREATED BRINGING THE TOTAL NUMBER OF ACTIVE FUNDS TO 160 AND TOTAL ASSETS UNDER MANAGEMENT GREW FROM $5.6 MILLION TO $8.4 MILLION. TO-DATE, THE FOUNDATION HAS RECEIVED AND PROCESSED GIFTS TOTALING MORE THAN $11 MILLION. 213435 1 1 0 0 0 1 0 0 0 0 1 1 0 0 1 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 3 0 5 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X MELINDA HAUN 7157238125 404 1/2 N BRIDGE STREET CHIPPEWA FALLS WI 54729 KEN CUSTER 1.00 X 0 0 0 HEATHER HUNT 1.00 X 0 0 0 BOB HOGSETH 1.00 X X 0 0 0 PEG LEINENKUGEL 1.00 X 0 0 0 JAMIE LEIBRANDT 1.00 X X 0 0 0 DARRIN SENN 1.00 X 0 0 0 DALE ZWIEFELHOFER 1.00 X 0 0 0 RICK SCHAFER 1.00 X 0 0 0 TIM SCOBIE 1.00 X 0 0 0 PATTI DARLEY 1.00 X 0 0 0 SUSAN KERN 1.00 X 0 0 0 MELINDA HAUN 40.00 X 32692 0 0 32692 0 0 0 0 0 0 0 8500 2098008 2106508 143995 143995 3456486 3537795 -81309 -81309 -81309 6093 8500 2983 3110 3110 ADMINISTRATION FEE 900099 31459 31459 31459 2203763 0 31459 65796 62659 62659 25538 22984 1505 1049 84226 75804 4963 3459 7350 4331 3019 465 465 22001 19801 1296 904 6191 6191 2645 2645 4885 4885 10186 7684 1474 1028 TRAINING 4189 4189 MEMBERSHIP FEES AND DUE 3425 3425 ANNUAL MEETING 2703 2703 236463 213435 13569 9459 37856 37440 44414 359676 260291 173285 62076 46756 13182 15320 1064429 3397413 4467213 4594289 10817 11481 5898202 8588904 4072 7971 2640553 3367068 2644625 3375039 X 431977 471398 498101 347819 2323499 4394648 3253577 5213865 5898202 8588904 X 1967300 -7012 X X 0 1 1 X 0 X 291668 530091 652265 658101 2106508 4238633 291668 530091 652265 658101 2106508 4238633 406991 3831642 74623 42683 26875 39744 143995 327920 4566553 0.83910 0.59610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16 63052 23452 944732 1 1 62076 46756 15320 15320 AMCAP FUND CL F2 759097 F DODGE & COX STOCK FUND 1010595 F VIRTUS EMERGING MARKETS 1007107 F METROPOLITAN WEST FDS 573035 F VANGUARD SHORT TERM INVESTMENT GRADE 1244455 F 4594289 AGENCY ENDOWMENT AND PASS-THROUGH FUNDS 3367068 3367068 2203763 236463 1967300 -7012 -7012 1960288 2199734 -7012 2983 -4029 2203763 0 2203763 239446 2983 2983 236463 0 236463 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS A NONPROFIT CORPORATION CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS TAX-EXEMPT UNDER SECTION 501(C)(3) AND AS A NONPRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE OF 1986. IT IS ALSO EXEMPT FROM STATE INCOME TAXES PURSUANT TO SIMILAR STATE OF WISCONSIN TAX LAWS.IN ORDER TO ACCOUNT FOR ANY UNCERTAIN TAX POSITIONS, THE FOUNDATION IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THE TAX POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS NOT RECORDED ANY ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS. THE FEDERAL RETURNS FOR THE YEARS ENDED JUNE 30, 2011, 2010, AND 2009 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUND-RAISING EXPENSES ON 990 STATEMENT OF REVENUE 2,983. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUND-RAISING EXPENSES ON 990 STATEMENT OF REVENUE 2,983. 1 CHIPPEWA FALLS PARKS RECREATION AND FORESTRY 21 E GRAND AVE CHIPPEWA FALLS WI 54729 396005414 170(C)(1) 6647 NEW BATTING CAGE, IRVINE PARK ZOO IMPROVEMENTS, CHRISTMAS VILLAGE LIGHTING ST CHARLES BORROMEO CATHOLIC PRIMARY SCHOOL 429 W SPRUCE STREET CHIPPEWA FALLS WI 54729 391032800 501(C)(3) 6884 SCHOOL IMPROVEMENT 2 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: RECORDS ARE MAINTAINED TO SUBSTANTIATE THE AMOUNT OF GRANTS, THE GRANTEES' ELIGIBILITY FOR THE GRANTS, AND THE SELECTION CRITERIA USED TO AWARD THE GRANTS. THE GOVERNING BOARD OF THE ORGANIZATION HAS A SEPERATE GRANTS COMMITTEE THAT APPROVES ALL GRANTS. APPLICATIONS FOR GRANTS ARE RECEIVED BY THE GRANTS COMMITTEE AND REVIEWED FOR ELIGIBILITY. IF THE PERSON OR ORGANIZATION MEETS ALL ELIGIBILITY REQUIREMENTS, THE GRANT WILL BE AWARDED. ALL APPROVALS FOR GRANTS ARE DOCUMENTED IN THE OFFICIAL BOARD MINUTES OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE COMMUNITY FOUNDATION OF CHIPPEWA COUNTY CONSISTENTLY FOLLOWS A POLICY OF AVOIDING ANY CONFLICT OF INTEREST OR THE APPEARANCE OF ANY CONFLICT OF INTEREST ON THE PART OF ITS BOARD MEMBERS AND STAFF. ON A YEARLY BASIS, THE EXECUTIVE DIRECTOR OF THE COMMUNITY FOUNDATION DISTRIBUTES A CONFLICT OF INTEREST QUESTIONNAIRE TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND ALL STAFF PERSONNEL. MEMBERS AND PERSONNEL ARE REQUIRED TO DISCLOSE ALL INTERESTS OF HIS/HERSELF AND HIS/HER SPOUSE IN ORGANIZATIONS IN WHICH THE COMMUNITY FOUNDATION MAY BE AFFILIATED. THESE QUESTIONNAIRES ARE THEN REVIEWED BY THE EXECUTIVE DIRECTOR FOR ANY POTENTIAL CONFLICTS OF INTEREST THAT MAY ARISE BETWEEN MEMBERS OR PERSONNEL AND POTENTIAL GRANT RECIPIENTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER STAFF PERSONNEL ARE DETERMINED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS COMPARES SALARIES OF THE POSITIONS WITHIN THE COMMUNITY FOUNDATION TO SIMILIAR SALARIES WITHIN SIMILAR ORGANIZATIONS. PERIODIC PERFORMANCE REVIEWS ARE ALSO PERFORMED BY THE BOARD OF DIRECTORS AND AID IN DETERMINING SALARY INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC MAY VIEW GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AT THE MAIN OFFICE DURING NORMAL BUSINESS HOURS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -7,012. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.