2012-04-04T19:38:05-05:00 2011-06-30 PILTZ WILLIAMS LAROSA & CO P O BOX 231 BILOXI MS 39533 990 2010-07-01 570908490 GULF COAST COMMUNITY FOUNDATION INC GULF 2288974841 11975 SEAWAY ROAD NO B150 GULFPORT MS 39503 RICHARD WESTFALL 2288974841 2012-03-10 1 MICHAEL D O'NEILL CPA 2283744141 2012-03-10 2010 2016-02-24 21:20:13Z RICHARD WESTFALL 11975 SEAWAY ROAD NO B150 GULFPORT MS 39503 9628865 0 X WWW.GULFCOASTFOUNDATION.ORG X 1989 MS COMMUNITY FOUNDATION WHICH GRANTS FUNDS TO OTHER CHARITABLE ORGANIZATIONS. 30 0 9 2 0 0 2369746 6624897 0 0 159211 431875 325523 232272 2854480 7289044 14455736 6342036 0 0 523535 418209 0 0 0 345377 690073 15324648 7450318 -12470168 -161274 19798767 21096584 4234117 4333444 15564650 16763140 X THE GULF COAST COMMUNITY FOUNDATION IS A PUBLIC CHARITY DEDICATED TO THE PROGRESSIVE DEVELOPMENT OF WORTHY CAUSES, PROVIDING DONOR SERVICES, AND PROMOTING AND PROVIDING LEADERSHIP IN RESPONSE TO CHANGING COMMUNITY NEEDS. THE FOUNDATION IS A VEHICLE FOR CHARITABLE GIVING THROUGH WHICH INDIVIDUALS, FAMILIES, CORPORATIONS, NON-PROFIT ORGANIZATIONS AND PRIVATE FOUNDATIONS CAN MEET CHARITABLE OBJECTIVES IN THE FIELDS OF EDUCATION, ARTS AND CULTURE, HISTORIC PRESERVATION, NEIGHBORHOOD ENRICHMENT, AND HEALTH AND HUMAN SERVICES. THE FOUNDATION MEETS THIS MISSION BY DEVELOPING AND MANAGING A COMPREHENSIVE BASE OF ENDOWMENT FUNDS AN EXPANDING POOL OF CHARITABLE DOLLARS, PERMANENTLY COMMITTED TO MEETING THE NEEDS OF THE PEOPLE OF SOUTH MS. 0 0 7027531 6342036 ADMINISTRATION OF CONTRIBUTED FUNDS FOR THE BENEFIT OF THE MISSISSIPPI GULF COAST, IN SUPPORT OF PROGRAMS IN THE AREAS OF EDUCATION, THE ARTS, SOCIAL WELFARE AND SPECIAL PROJECTS CONSISTENT WITH DONOR INTERESTS. 7027531 1 1 0 0 1 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 10 0 9 1 0 0 0 0 0 1 1 0 0 0 0 X 30 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X RICHARD WESTFALL 2288974841 11975 SEAWAY ROAD STE B150 GULFPORT MS 39503 BILL MCDONOUGH 0.50 X X 0 0 0 PAUL GUICHET 0.50 X X 0 0 0 RAYMOND BROWN 0.50 X X 0 0 0 GREG CRONIN 0.50 X X 0 0 0 ANN GUICE 0.50 X 0 0 0 GORDON MYRICK 0.50 X 0 0 0 DAVE TREUTEL JR 0.50 X 0 0 0 KATHLEEN SHAUGHNESSY 0.50 X 0 0 0 DR SUE MATHESON 0.50 X 0 0 0 RODGER WILDER 0.50 X 0 0 0 ANN HAIRSTON 0.50 X 0 0 0 JON RITTEN 0.50 X 0 0 0 JOHN WALTON 0.50 X 0 0 0 JANE DENNIS 0.50 X 0 0 0 DOROTHY SHAW 0.50 X 0 0 0 RON BARNES 0.50 X 0 0 0 LINDA WATTS 0.50 X 0 0 0 SUSAN WALKER 0.50 X 0 0 0 KAY KELL 0.50 X 0 0 0 DR KAIZAD P TAMBOLI 0.50 X 0 0 0 GENERAL JOE SPRAGGINS 0.50 X 0 0 0 JOY LAMBERT PHILLIPS 0.50 X 0 0 0 STAN TINER 0.50 X 0 0 0 VIRGINIA SHANTEAU NEWTON 0.50 X 0 0 0 ROBERT NEAL 0.50 X 0 0 0 MARC HOLMAN 0.50 X 0 0 0 KOSTA VLAHOS 0.50 X 0 0 0 MIKE BRUFFEY 0.50 X 0 0 0 HENRY DICK 0.50 X 0 0 0 GEORGE CULLINAN 0.50 X 0 0 0 RICHARD WESTFALL 40.00 X 85927 0 0 85927 0 0 0 0 0 0 0 4032502 2592395 6624897 268416 268416 2421316 2257857 163459 163459 163459 214081 81964 132117 132117 FUND ADMINISTRATION FE 561000 146789 146789 OTHER INCOME - TIAA CR 523000 2366 2366 CHANGE IN EQUITY OF UN 531390 -49000 -49000 100155 7289044 97789 0 566358 6197786 6197786 144250 144250 359427 183319 176108 29462 11930 17532 29320 297 29023 90931 35100 55831 59584 59584 410682 406252 4430 1280 1280 27226 9982 17244 31828 20325 11503 25752 12480 13272 21928 415 21513 7454 7454 5217 622 4595 MISCELLANEOUS EXPENSE 4533 3350 1183 DUES & SUBSCRIPTIONS 3658 1423 2235 7450318 7027531 422787 0 5631371 4847709 994304 997221 47939 25508 71053 66352 9881 4701 12281891 14024317 833381 1197128 19798767 21096584 39454 282531 1393891 651006 2800772 3399907 4234117 4333444 X 9599363 11781839 5965287 4981301 15564650 16763140 19798767 21096584 X -161274 1359764 X 0 1 1 X 1 1 X 7795796 32796181 1884642 2369746 6620871 51467236 7795796 32796181 1884642 2369746 6620871 51467236 4326172 47141064 436516 1764266 -569865 159211 431875 2222003 368827 230291 140000 122176 149155 1010449 54699688 472158 0.86180 0.89490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MANAGEMENT FEE OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13 217871 127500 1467266 1 1 9188722 196618 1751482 1144766 9992056 8958249 108165 791636 669328 9188722 10527998 263549 -1134963 698335 8958249 0.73000 0.27000 0 0 47874 44323 3551 23179 22029 1150 4701 1964129 C SECURITIES AND OTHER INVESTMENTS 12060188 F 14024317 CHARITABLE REMAINDER TRUST ASSETS 1197128 1197128 LIABILITY FOR AGENCY RELATIONSHIPS 2842380 LIABILITY FOR SPLIT INTEREST AGREEMENTS 557527 3399907 7289044 7450318 -161274 996017 363747 1359764 1198490 8896024 996017 165252 363747 1525016 7371008 -81964 -81964 7289044 7697534 165252 81964 247216 7450318 0 7450318 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION ADOPTED ASC 740-10 THAT CLARIFIES THE ACCOUNTING RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE FOUNDATIONS INCOME TAX RETURN. IN ACCORDANCE WITH ASC 740-10, MANAGEMENT EVALUATED THE FOUNDATIONS TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 363,747. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 363,747. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUES ON 990 -81,964. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUES ON 990 81,964. GOVERNORS CUP GOLF TOURNAMENT 60300 60300 GCCF ANNUAL FUNDRAISING EVENT 35710 35710 19462 5 118071 118071 62502 214081 214081 81964 81964 132117 ROSE DELLENGER 11975 SEAWAY ROAD STE B150 GULFORT MS 39503 1 AMERICAN RED CROSS PO BOX 772 PASCAGOULA MS 39568 501(C)(3) 12000 GENERAL SUPPORT ASIAN AMERICANS FOR CHANGE 2112 BIENVILLE ST L OCEAN SPRINGS MS 39564 262047384 501(C)(3) 80000 GENERAL SUPPORT BACK BAY MISSION 1012 DIVISION STREET BILOXI MS 39530 640431066 501(C)(3) 66100 GENERAL SUPPORT BETHEL FREE HEALTH CLINIC INC 1650 CARROL DRIVE BILOXI MS 39531 261794984 501(C)(3) 15000 GENERAL SUPPORT BILOXI PUBLIC SCHOOLS PO BOX 168 BILOXI MS 395330168 GOV 5694 GENERAL SUPPORT BOYS & GIRLS CLUB 11975 - A160 SEAWAY ROAD GULFPORT MS 39503 640539145 501(C)(3) 180010 GENERAL SUPPORT BOYS & GIRLS CLUB OF JACKSON COUNTY 5343 JEFFERSON STREET MOSS POINT MS 39562 582016844 501(C)(3) 44850 GENERAL SUPPORT BOYS SCOUTS OF AMERICA 800 DIVISION STREET BILOXI MS 39530 640303072 501(C)(3) 5000 GENERAL SUPPORT CATHOLIC DIOCESE OF BILOXI 640598427 501(C)(3) 50000 GENERAL SUPPORT CENTURY CLUB CHARITIES PO BOX 2467 MADISON MS 39130 640843787 501(C)(3) 12000 GENERAL SUPPORT CITY OF PASCAGOULA PO DRAWER 908 PASCAGOULA MS 39568 GOV 342823 GENERAL SUPPORT FORREST GENERAL HEALTHCARE FOUNDATION 204960499 501(C)(3) 10000 GENERAL SUPPORT GOOD WORKS FUND PO BOX 2984 GULFPORT MS 39505 501(C)(3) 12000 GENERAL SUPPORT GREATER ST LOUIS COMMUNITY FOUNDATION 319 N 4TH STREET STE 300 ST LOUIS MO 63102 431758789 501(C)(3) 575306 GENERAL SUPPORT GULF COAST BUSINESS COUNCIL C/O STIRLING PROPERTIES INC109 NORTHPARK BLVD STE 300 COVINGTON LA 70433 501(C)(3) 50000 GENERAL SUPPORT GULF COAST COMMUNITY MINISTRIES 3914 15TH STREET GULFPORT MS 39501 300225661 501(C)(3) 5000 GENERAL SUPPORT GULF COAST RENAISSANCE CORPORATION 11975 - H SEAWAY ROAD GULFPORT MS 39503 208181931 501(C)(3) 662299 GENERAL SUPPORT GULF COAST SYMPHONY ORCHESTRA INC 640600840 501(C)(3) 5000 GENERAL SUPPORT GULF COAST WOMEN'S CENTER FOR NONVIOLENC PO BOX 333 BILOXI MS 39533 640634613 501(C)(3) 85529 GENERAL SUPPORT HABITAT FOR HUMANITY BAY-WAVELAND AREA 414 HWY 90 BAY ST LOUIS MS 39520 261325894 501(C)(3) 40000 GENERAL SUPPORT HABITAT FOR HUMANITY OF THE MISSISSIPPI 2214 34TH STREET GULFPORT MS 39501 208133916 501(C)(3) 450606 GENERAL SUPPORT HANCOCK COUNTY CHAMBER OF COMMERCE 640203203 501(C)(3) 11917 GENERAL SUPPORT HANCOCK COUNTY FOOD PANTRY PO BOX 4313 BAY ST LOUIS MS 39521 640812979 501(C)(3) 7371 GENERAL SUPPORT HANCOCK HOUSING RESOURCE CENTER 454 HWY 90 WAVELAND MS 39576 263648017 501(C)(3) 64579 GENERAL SUPPORT HIGHLANDS-CASHIER HOSPITAL FOUNDATION PO BOX 742 HIGHLAND NC 28741 561165833 501(C)(3) 6000 GENERAL SUPPORT HOPE COMMUNITY DEVELOPMENT AGENCY 425 DIVISION STREET BILOXI MS 39530 204105073 501(C)(3) 179821 GENERAL SUPPORT HOPE HAVEN CHILDREN'S SHELTER PO BOX 3777 BAY ST LOUIS MS 39521 640852491 501(C)(3) 10000 GENERAL SUPPORT INTERFAITH HOSPITALITY NETWORK PO BOX 8562 BILOXI MS 39535 640936080 501(C)(3) 5000 GENERAL SUPPORT INTERNATIONAL RELIEF & DEVELOPMENT US 1223 30TH AVE STEA GULFPORT MS 39501 501(C)(3) 165573 GENERAL SUPPORT LONG BEACH COMMUNITY FUND 15384 5TH STREET LONG BEACH MS 39503 640596616 501(C)(3) 18580 GENERAL SUPPORT LYNN MEADOWS DISCOVERY CENTER 246 DOLAN AVE GULFPORT MS 39503 640829058 501(C)(3) 10340 GENERAL SUPPORT MARSHA BARBOUR COMMUNITY CENTER 6815 KILN-DELISLE RD PASS CHRISTIAN MS 39571 501(C)(3) 12000 GENERAL SUPPORT MEMORIAL HOSPITAL AT GULFPORT FOUNDATION PO BOX 940 GULFPORT MS 39502 204535203 501(C)(3) 58100 GENERAL SUPPORT MENTAL HEALTH ASSOCIATION OF MISSISSIPPI 4803 HARRISON CIRCLE GULFPORT MS 39507 640412732 501(C)(3) 30000 GENERAL SUPPORT METHODIST SENIOR SERVICES 109 S BROADWAY TUPELO MS 38802 646026549 501(C)(3) 113477 GENERAL SUPPORT MISSISSIPPI CENTER FOR JUSTICE 5 OLD RIVER PLACE STE 203 JACKSON MS 39202 134203234 501(C)(3) 36725 GENERAL SUPPORT MOSS POINT SCHOOL DISTRICT 4924 CHURCH STREET MOSS POINT MS 39563 GOV 12340 GENERAL SUPPORT MOST HOLY TRINITY PARISH 640598427 501(C)(3) 10000 GENERAL SUPPORT MS DEVELOPMENT AUTHORITY FUND 501(C)(3) 100000 GENERAL SUPPORT MS DISASTER RELIEF FUND 501(C)(3) 100541 GENERAL SUPPORT MS GULF COAST CHAMBER OF COMMERCE FOUNDA 11975E SEAWAY RD GULFPORT MS 39503 263144467 501(C)(3) 50172 GENERAL SUPPORT MS GULF COAST CHILDREN'S HEALTH PROJECT PO BOX 465 BIOXI MS 39530 501(C)(3) 12500 GENERAL SUPPORT MS GULF RESORT FOUNDATION 11975 SEAWAY RD A228 GULFPORT MS 39503 271318782 501(C)(3) 5000 GENERAL SUPPORT NATIVITY BVM CATHEDRAL PARISH PO BOX 367 BIOXI MS 395330367 640598427 501(C)(3) 6250 GENERAL SUPPORT OCEAN SPRINGS HIGH SCHOOL 2300 GOVERNMENT STREET PO BOX 7002 OCEAN SPRINGS MS 39564 GOV 23395 GENERAL SUPPORT OHR-O'KEEFE MUSEUM OF ART PO BOX 248 BILOXI MS 395330248 640837485 501(C)(3) 82500 GENERAL SUPPORT O'KEEFE FOUNDATION 611 JACKSON AVE OCEAN SPRINGS MS 39564 640881459 501(C)(3) 5000 GENERAL SUPPORT PINK HEARTS PO BOX 1047 LONG BEACH MS 39560 501(C)(3) 6000 GENERAL SUPPORT SAMARITAN MINISTRY OF JACKSON COUNTY IN 705 RAYBURN AVE OCEAN SPRINGS MS 39564 760759890 501(C)(3) 5000 GENERAL SUPPORT SINGING RIVER HOSPITAL FOUNDATION 640864350 501(C)(3) 6500 GENERAL SUPPORT ST STANISLAUS COLLEGE 304 S BEACH BLVD BAY ST LOUIS MS 39520 501(C)(3) 6200 GENERAL SUPPORT ST VINCENT DE PAUL COMMUNITY PHARMACY PO BOX 1228 BILOXI MS 39533 640891772 501(C)(3) 16250 GENERAL SUPPORT ST VINCENT DE PAUL CONFERENCE 228 S BEACH BLVD BAY ST LOUIS MS 39520 271894724 501(C)(3) 12479 GENERAL SUPPORT THE NOURISHING PLACE PO BOX 7785 GULFPORT MS 39506 501(C)(3) 6000 GENERAL SUPPORT UNITED WAY OF SOUTH MISSISSIPPI PO BOX 2128 GULFPORT MS 395052128 640826356 501(C)(3) 9454 GENERAL SUPPORT WALTER ANDERSON MUSEUM 510 WASHINGTON AVE OCEAN SPRINGS MS 39564 510173731 501(C)(3) 8270 GENERAL SUPPORT WESTMINSTER PRESBYTERIAN CHURCH 505 LAWSON AVE GULFPORT MS 39507 501(C)(3) 10000 GENERAL SUPPORT 57 SCHOLARSHIP TO ALABAMA A&M UNIVERSITY 2 1500 SCHOLARSHIP TO AUBURN UNIVERSITY 3 5500 SCHOLARSHIP TO COLUMBIA COLLEGE CHICAGO 1 250 SCHOLARSHIP TO DEPAUL UNIVERSITY 1 250 SCHOLARSHIP TO HINDS COMMUNITY COLLEGE 1 500 SCHOLARSHIP TO US AIR FORCE ACADEMY 1 1250 SCHOLARSHIP TO JACKSON STATE UNIVERSITY 1 250 SCHOLARSHIP TO JONES COUNTY JUNIOR COLLEGE 2 6250 SCHOLARSHIP TO LOUISIANA STATE UNIVERSITY 7 4750 SCHOLARSHIP TO MASSACHUSETTS INSTITUTE OF TECHNOLOGY 1 250 SCHOLARSHIP TO MERIDIAN COMMUNITY COLLEGE 1 250 SCHOLARSHIP TO MILLSAPS COLLEGE 2 1750 SCHOLARSHIP TO MS GULF COAST COMMUNITY COLLEGE 36 30250 SCHOLARSHIP TO MISSISSIPPI STATE UNIVERSITY 23 15750 SCHOLARSHIP TO MS COLLEGE 3 750 SCHOLARSHIP TO OHIO STATE UNIVERSITY 1 500 SCHOLARSHIP TO RHODES COLLEGE 1 250 SCHOLARSHIP TO SOUTHERN UNIVERSITY AND A&M COLLEGE 1 250 SCHOLARSHIP TO SOUTHWEST MS COMMMUNITY COLLEGE 1 250 SCHOLARSHIP TO SPRING HILL COLLEGE 3 750 SCHOLARSHIP TO SWARTHMORE COLLEGE 1 1250 SCHOLARSHIP TO TREVECCA NAZARENE UNIVERSITY 1 250 SCHOLARSHIP TO TROY UNIVERSITY 1 250 SCHOLARSHIP TO TULANE UNIVERSITY 1 1000 SCHOLARSHIP TO UNIVERSITY OF ALABAMA 1 250 SCHOLARSHIP TO UNIVERSITY OF CALIFORNIA BARKELEY 1 250 SCHOLARSHIP TO UNIVERSITY OF GEORGIA 1 250 SCHOLARSHIP TO UNIVERSITY OF HAWAII AT MANOA 1 1250 SCHOLARSHIP TO UNIVERSITY OF HOUSTON 1 1250 SCHOLARSHIP TO UNIVERSITY OF KENTUCKY 1 250 SCHOLARSHIP TO UNIVERSITY OF MISSISSIPPI 30 15750 SCHOLARSHIP TO UNIVERSITY OF MOBILE 1 250 SCHOLARSHIP TO UNIVERSITY OF NOTRE DAME 1 1000 SCHOLARSHIP TO UNIVERSITY OF OKLAHOMA 1 1250 SCHOLARSHIP TO UNIVERSITY OF PENNSYLVANIA 1 250 SCHOLARSHIP TO UNIVERSITY OF SOUTH ALABAMA 15 6250 SCHOLARSHIP TO UNIVERSITY OF SOUTHERN MISSISSIPPI 19 37250 SCHOLARSHIP TO UNIVERSITY OF TENNESSEE 1 2500 SCHOLARSHIP TO WAKE FOREST UNIVERSITY 1 250 SCHOLARSHIP TO WESTERN WASHINGTON UNIVERSITY 1 250 SCHOLARSHIP TO WILLIAM CAREY UNIVERSITY 2 1500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: BEFORE ISSUING GRANTS TO OTHER CHARITIES, THE ORGANIZATION CHECKS GUIDESTAR.ORG (A NON-PROFIT WEBSITE) AND CHECKS WITH THE SECRETARY OF STATE TO DETERMINE THE ORGANIZATION'S CHARITABLE MISSION. MATERIAL GRANTS REQUIRE THE RECIPIENT TO SIGN DOCUMENTS REGARDING THE USE OF THE GRANT AND ALSO PROVIDE REPORTS/FINANCIAL STATEMENTS DOCUMENTING USE OF THE GRANT. JOHNNY MACK WALTON SON OF BOARD MEMBER 34616 EMPLOYMENT 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS BEFORE ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE CONFLICT OF INTEREST POLICY. MEMBERS MUST DISCLOSE IF THEY ARE ON ANY OTHER BOARDS AND/OR IF THEY HAVE AN INTEREST IN AN ENTITY THAT DOES BUSINESS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A THE FOUNDATION RESEARCHES SALARIES FOR SIMILAR POSITIONS WITHIN THE REGION. THEN, THE PRESIDENT UNDERGOES AN ANNUAL PERFORMANCE REVIEW BY THE EXECUTIVE COMMITTEE. FINALLY, THE BOARD OF DIRECTORS MAKES THE FINAL DECISION REGARDING APPROVAL OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION PLACES THE TWO MOST CURRENT YEAR AUDITS ON THEIR WEBSITE. THESE DOCUMENTS ARE AVAILABLE FOR ANYONE TO VIEW. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 996,017. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 363,747. TOTAL TO FORM 990, PART XI, LINE 5: 1,359,764.