2012-10-08T09:18:06-05:00 2011-12-31 BARNES BROCK CORNWELL & HEILMAN PLC 908 EDEN WAY N STE 201 CHESAPEAKE VA 233202640 990 2011-01-01 272529017 THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION SOUT 7573975424 5800 HIGH STREET WEST PORTSMOUTH VA 23703 THOMAS E WOOD 7573975424 2012-10-08 true KIMBERLY C PAINTER 7579615017 2012-10-08 2011 2016-02-24 21:20:13Z THOMAS E WOOD 5800 HIGH STREET WEST PORTSMOUTH VA 23703 3092830 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 4 30 0 540829 637139 0 77462 243522 31000 92478 649291 973139 309263 641461 0 64012 141039 0 12197 84696 213795 457971 996295 191320 -23156 9240123 8790655 32660 514 9207463 8790141 CONNECTING PEOPLE WHO CARE WITH CAUSES LARGE AND SMALL TO BENEFIT THE COMMUNITIES WE SERVE. false false 5360 THE FOUNDATION ADMINISTERS 12 SCHOLARSHIP FUNDS AND ANNUALLY HOLDS A CELEBRATION INVITING BOARD MEMBERS, ADVISORY BOARD MEMBERS, SCHOLARSHIP DONORS, AWARDEES AND THIER FAMILY MEMBERS; 187 INDIVIDUALS WERE INVITED AND 116 PERSONS IN ATTENDANCE. 589277 589277 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.) 332474 52184 DONOR EDUCATION AND OTHER PROGRAMS 927111 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 false false false false true true false false false false true 1 0 false 4 true false 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 23912 0 0 THOMAS E WOOD 5.00 X 0 0 0 J ROBERT BRAY 1.00 X 0 0 0 PATRICK S CALLAHAN 1.00 X 0 0 0 PAIGE D CHERRY 1.00 X 0 0 0 DONALD W COMER JR 1.00 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 1.00 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 1.00 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 PHILIP M RUDISILL 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 1.00 X 0 0 0 ROBERT T WILLIAMS 1.00 X 0 0 0 23912 false false false 3136 634003 3818 637139 204575 202789 1786 2158638 2118627 1064 40011 -1064 38947 38947 ADMINISTRATIVE FEE INCOME 523000 81808 81808 MISCELLANEOUS INCOME 900099 10670 10670 92478 973139 241736 94264 564311 564311 77150 77150 23912 17934 3587 2391 89398 67049 13410 8939 2682 2146 536 16379 13103 3276 8668 6501 1300 867 5851 4681 1170 9550 7640 1910 105974 84779 21195 10729 8583 2146 9408 7526 1882 6806 5445 1361 180 145 35 710 568 142 34957 34957 2283 2055 228 COMPUTER AND SOFTWARE EXP 9799 7839 1960 DONOR SERVICES 6258 5006 1252 SCHOLARSHIP EVENT 3305 3305 MEMBERSHIP DUES 2650 2120 530 5335 4268 1067 996295 927111 56987 12197 1778488 52963 1039338 732647 216713 539900 515934 6921735 7182420 9240123 8790655 32501 159 514 32660 514 X 4625194 4316828 2651533 2417979 1930736 2055334 9207463 8790141 9240123 8790655 X -23156 -394166 X false true true X false X 540829 637139 1177968 540829 637139 1177968 1177968 75417 1786 77203 34854 92478 127332 1382503 202789 0.85210 0.83060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21 6 447500 12100 127258 2343361 247451 true true false false false false false 2078900 124598 101962 -94937 -151914 2058609 2019258 105703 -40762 -5299 2078900 1.00000 false false false 104730 104730 610610 200011 410599 17307 16702 605 515934 PAYROLL LIABILITIES 514 514 973139 996295 -23156 -382933 -382933 -406089 885544 -382933 295338 -87595 973139 973139 1291633 295338 295338 996295 996295 LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X ON JANUARY 1, 2009, 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, 2011. SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PAGE 4, PART XIV THE FOUNDATION'S FORM 990 FOR 2010, 2009, AND 2008 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. true BUSINESS CONSORTIUM FOR ARTS 6500 ARTS AND CULTURE CHANCE MORGAN 161978 CIVIC CHESAPEAKE HUMANE SOCIETY 15000 HEALTH/HUMAN SRV CHESAPEAKE REGIONAL HEALTH 10000 HEALTH/HUMAN SRV CHESAPEAKE SERVICE SYSTEMS 9678 HEALTH / HUMAN SRV EDMARC HOSPICE FOR CHILDREN 18374 HEALTH/HUMAN SRV FOODBANK OF SE HAMPTONROADS 17322 HEALTH/ HUMAN SRV FRIENDS OF THE PORTSMOUTH JUV COURT 14400 HEALTH/HUMAN SRV OASIS OPPORTUNITY CENTER 12515 HEALTH/HUMAN SRV OASIS SOCIAL MINISTRY 101500 RELIGIOUS OPERATION HOMEFRONT 6400 HEALTH/HUMAN SRV PARC INC 20529 HEALTH/HUMAN SRV PORTSMOUTH CHRISTIAN OUTREACH 9450 RELIGIOUS PORTSMOUTH MUSEUMS FOUNDATION 15500 ARTS & CULTURE PORTSMOUTH VOLUNTEERS FOR HOMELESS 7035 HEALTH/HUMAN SRV UNITED WAY OF SOUTH HAMPTONROADS 10500 HEALTH/HUMAN SRV YOUNG AUDIENCE 5200 ARTS AND CULTURE ZION BEHTEL COMMUNITY DEVELOPMENT 10000 HEALTH/HUMAN SRV 123 SCHOLARSHIPS 57 77150 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. 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. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 PART XI LINE 5, OTHER CHANGES IN NET ASSETS OR FUND BALANCES: THIS REPRESENTS UNREALIZED GAIN ON INVESTMENTS OF 382,933 AND THE PORTSMOUTH COMMUNITY FOUNDATION ACTIVITY OF 11,233. CHILDREN'S HOME LLC 5800 HIGH STREET WEST PORTSMOUTH VA 23703 546062589 OWNER VA 1 540599 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