WELLS COUNTY FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- WELLS COUNTY FOUNDATION INC (EIN 35-6042815)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-08
- IRS object ID
- 201232219349300903
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-08T09:32:16-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Honegger Ringger & Co Inc | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1905 N Main Street | AddressLine1 |
| City | Bluffton | City |
| State | IN | State |
| ZIP Code | 46714 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 356042815 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLS COUNTY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WELL | NameControl |
| Phone | 2608248620 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 N MAIN ST SUITE C | AddressLine1 |
| City | BLUFFTON | City |
| State | IN | State |
| ZIP Code | 46714 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRAD JOHNSON | Name |
| Title | Treasurer | Title |
| Date Signed | 2012-08-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Brad H Johnson CPA | Name |
| Phone | 2608244107 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BRAD JOHNSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1905 N MAIN ST | AddressLine1 |
| City | BLUFFTON | City |
| State | IN | State |
| ZIP Code | 46714 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 12875852 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.wellscountyfound.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1957 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3 | TotalNbrEmployees |
| Total Nbr Volunteers | 20 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 69696 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 538711 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 830297 | InvestmentIncomePriorYear |
| Investment Income Current Year | 355094 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 42048 | OtherRevenuePriorYear |
| Other Revenue Current Year | -34718 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 942041 | TotalRevenuePriorYear |
| Total Revenue Current Year | 859087 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 471459 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 504067 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 108831 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 113425 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 85633 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 123037 | OtherExpensePriorYear |
| Other Expenses Current Year | 131764 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 703327 | TotalExpensesPriorYear |
| Total Expenses Current Year | 749256 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 238714 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 109831 | RevenuesLessExpensesCY |
| Total Assets BOY | 15618104 | TotalAssetsBOY |
| Total Assets EOY | 14723723 | TotalAssetsEOY |
| Total Liabilities BOY | 991949 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 921388 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 14626155 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 13802335 | NetAssetsOrFundBalancesEOY |
| Mission Description | CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 318481 | Expense |
| Grants | 295912 | Grants |
| Description | AWARD SCHOLARSHIPS TO WELLS COUNTY RESIDENTS TO ASSIST IN PURSUING POST-SECONDARY EDUCATION. 113 STUDENTS RECEIVED SCHOLARSHIPS IN 2010. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 226824 | Expense |
| Grants | 208155 | Grants |
| Description | PROVIDE BENEFITS AND DEVELOPMENT OF THE WELLS COUNTY COMMUNITY BY PROVIDING PROGRAM/PROJECT FUNDING FOR QUALIFIED CHARITABLE ORGANIZATIONS PURSUANT TO THE PURPOSE OF DONOR INTENTIONS AND BY FUNDING PROGRAMS OR PROJECTS THAT IMPROVE THE COMMUNITY. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 545305 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 2 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | false | ComplianceWithBackupWitholding |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JILL WORDEN | NamePerson |
| Telephone Number | 2608248620 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 N MAIN ST SUITE C | AddressLine1 |
| City | BLUFFTON | City |
| State | IN | State |
| ZIP Code | 46714 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| LAURA GENTIS | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| DEREK MYERS | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| KIM GENTIS | |||||||
| Vice President | 0.00 | X | 0 | 0 | 0 | X | |
| TED ELLIS | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| PHIL SWAIN | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| RICK SINGER | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| MIKE CHANEY | |||||||
| President | 0.00 | X | 0 | 0 | 0 | X | |
| SANDY GARCIA | |||||||
| Secretary | 0.00 | X | 0 | 0 | 0 | X | |
| GRACE BAUMGARTNER | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| JEREMY TODD | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| PETER CONFER | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| CHUCK KING | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| STEPHANIE DAVIS | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| ADAM HARDER | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| BRAD JOHNSON | |||||||
| Treasurer | 0.00 | X | 0 | 0 | 0 | X | |
| TAMMY SLATER | |||||||
| EXEC DIRECTOR | 40.00 | 51000 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 51000 | TotalReportableCompFromOrg |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 538711 | AllOtherContributions |
| Noncash Contributions | 2353 | NoncashContributions |
| Total Contributions | 538711 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 227458 | TotalRevenueColumn |
| Exclusion | $227,458 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12144301 | Securities |
| Other | 100 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12016765 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 127536 | Securities |
| Other | 100 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 127636 | TotalRevenueColumn |
| Related Or Exempt Function Income | 127636 | RelatedOrExemptFunctionIncome |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| OPERATING FEES | 7874 | 7874 |
| CHANGE IN REMAINDER TRUST | -42592 | -42592 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -34718 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 859087 | TotalRevenueColumn |
| Related Or Exempt Function Income | 92918 | RelatedOrExemptFunctionIncome |
| Exclusion | $227,458 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 208155 | Total |
| Program Services | 208155 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 295912 | Total |
| Program Services | 295912 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51000 | Total |
| Program Services | 17000 | ProgramServices |
| Management And General | 17000 | ManagementAndGeneral |
| Fundraising | 17000 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54365 | Total |
| Program Services | 17685 | ProgramServices |
| Management And General | 27183 | ManagementAndGeneral |
| Fundraising | 9497 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8060 | Total |
| Program Services | 2653 | ProgramServices |
| Management And General | 3380 | ManagementAndGeneral |
| Fundraising | 2027 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27590 | Total |
| Management And General | 27590 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6583 | Total |
| Management And General | 6583 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19178 | Total |
| Management And General | 19178 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 522 | Total |
| Management And General | 522 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5736 | Total |
| Management And General | 5736 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1565 | Total |
| Management And General | 1565 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising | Program ServicesProgramServices |
|---|---|---|---|---|
| MEALS & ENTERTAINMENT | 1166 | 1166 | ||
| Equipment Rental & Maintanence | 5971 | 5971 | ||
| DONOR DEVELOPMENT | 10515 | 10515 | ||
| AMORTIZATION | 46594 | 46594 | ||
| ADMINISTRATION FEES | 3900 | 3900 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2444 | Total |
| Management And General | 2444 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 749256 | Total |
| Program Services | 545305 | ProgramServices |
| Management And General | 118318 | ManagementAndGeneral |
| Fundraising | 85633 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2935 | BOY |
| EOY | 1625 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 670017 | BOY |
| EOY | 1057398 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 56249 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 32564 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28494 | BOY |
| EOY | 23685 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14108326 | BOY |
| EOY | 12881413 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 808332 | BOY |
| EOY | 759602 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15618104 | BOY |
| EOY | 14723723 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5854 | BOY |
| EOY | 6254 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97965 | BOY |
| EOY | 80894 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 888130 | BOY |
| EOY | 834240 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 991949 | BOY |
| EOY | 921388 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1391587 | BOY |
| EOY | 966491 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4174440 | BOY |
| EOY | 3350982 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9060128 | BOY |
| EOY | 9484862 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14626155 | BOY |
| EOY | 13802335 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15618104 | BOY |
| EOY | 14723723 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 109831 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -933651 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Community Trust170b1 Avi | X | CommunityTrust170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 514090 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1222426 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 383204 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 78791 | CurrentTaxYearMinus1Year |
| Current Tax Year | 552389 | CurrentTaxYear |
| Total | 2750900 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 514090 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1222426 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 383204 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 78791 | CurrentTaxYearMinus1Year |
| Current Tax Year | 552389 | CurrentTaxYear |
| Total | 2750900 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1347267 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1403633 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 441706 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 300627 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 207078 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 208169 | CurrentTaxYearMinus1Year |
| Current Tax Year | 193873 | CurrentTaxYear |
| Total | 1351453 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 9100 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 766 | CurrentTaxYearMinus2Years |
| Current Tax Year | 450 | CurrentTaxYear |
| Total | 10316 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 4112669 | TotalSupport |
| Public Support Pertcentage170 | 0.34130 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.46010 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 11 | NumberDAFsHeld |
| Donor Advised Contributions | 4430 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 19655 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 502991 | AggregateDAFValue |
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11339843 | BeginningOfYearBalance |
| Contributions | 467326 | Contributions |
| Investment Earnings Or Losses | -516920 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 208313 | GrantsOrScholarships |
| Administrative Expenses | 120744 | AdministrativeExpenses |
| End Of Year Balance | 10961192 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9970765 | BeginningOfYearBalance |
| Contributions | 24095 | Contributions |
| Investment Earnings Or Losses | 1586213 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 133066 | GrantsOrScholarships |
| Administrative Expenses | 108164 | AdministrativeExpenses |
| End Of Year Balance | 11339843 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7753989 | BeginningOfYearBalance |
| Contributions | 261482 | Contributions |
| Investment Earnings Or Losses | 2111883 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 63650 | GrantsOrScholarships |
| Administrative Expenses | 92939 | AdministrativeExpenses |
| End Of Year Balance | 9970765 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 56249 | OtherCostOrOtherBasis |
| Depreciation | 32564 | Depreciation |
| Book Value | 23685 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 23685 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEPOSITS | 300 |
| BEQUEST RECEIVABLE | 247540 |
| BENEFICIAL INTEREST IN REMAINDER TRUST | 488879 |
| ACCRUED INTEREST INCOME | 22883 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 759602 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CUSTODIAL LIABILITIES | $66,554 |
| ANNUITY LIABILITY | $42,477 |
| AGENCY LIABILITIES | $725,209 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 834240 | TotalOfAmounts |
| Total Revenue | 859087 | TotalRevenue |
| Total Expenses | 749256 | TotalExpenses |
| Excess Or Deficit For Year | 109831 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -933651 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -933651 | TotalAdjustments |
| Excess Or Deficit Per FS | -823820 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | -74564 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -933651 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -933651 | RevenueNotRptdF990 |
| Revenue Subtotal | 859087 | RevenueSubtotal |
| Total Revenue Per Form990 | 859087 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 749256 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 749256 | ExpensesSubtotal |
| Total Expenses Per Form990 | 749256 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part V, Line 4 | Identifier |
| Return Reference | Part V, Line 4: Intended uses of the endowment fund. | ReturnReference |
| Explanation | THE FOUNDATION HOLDS SEVERAL ENDOWED FUNDS THAT WERE CREATED BY DONORS OR SET ASIDE BY THE FOUNDATION TO INVEST AND CREATE INCOME AVAILABLE TO BE SPENT ON ENHANCING THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. THE ENDOWED FUND BALANCES ARE NOT INTENDED TO BE SPENT BY THE FOUNDATION. SOME FUNDS MAY TARGET DIFFERENT AREAS OR CATEGORIES IN THE COMMUNITY SUCH AS ARTS AND CULTURE, CIVIC AFFAIRS, COMMUNITY DEVELOPMENT, EDUCATION, YOUTH, ENVIRONMENT, ANIMAL WELFARE, RECREATION, HEALTH AND HUMAN SERVICES. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (13 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|
| ZANESVILLE LIONS CLUB | |||||||||
| PO BOX 361 | ZANESVILLE | IN | 46799 | 351792616 | 501 (C) (3) | 7500 | 0 | BOOK | CONCESSION STAND CONSTRUCTION |
| WELLS COUNTY REVITALIZATION INC | |||||||||
| 211 WATER ST | BLUFFTON | IN | 46714 | 351625609 | 501 (C) (3) | 10800 | 0 | BOOK | MAINT.-BLUFFTON & WABASH RIVERBANK |
| WELLS COUNTY PUBLIC LIBRARY | |||||||||
| 200 W WASHINGTON ST | BLUFFTON | IN | 46714 | 356000258 | 501 (C) (3) | 8000 | 0 | BOOK | YOUNG ADULT & KIDS READING PROGRAMS |
| WELLS COUNTY EMS | |||||||||
| 140 W SPRING ST | BLUFFTON | IN | 46714 | 352112570 | 501 (C) (3) | 5800 | 0 | BOOK | SUPPORT FOR LOCAL EMS |
| SOUTHERN WELLS COMM SCHOOLS | |||||||||
| 9120 S 300 W | PONETO | IN | 46781 | 351077633 | 501 (C) (3) | 6299 | 0 | BOOK | IPADS AND EDUCATIONAL MATERIALS |
| NORTHERN WELLS COMM SCHOOLS | |||||||||
| 312 N JEFFERSON ST | OSSIAN | IN | 46777 | 351065328 | 501 (C) (3) | 11400 | 0 | BOOK | ADA COMPLIANT TAP-IT SYSTEM |
| FORT WAYNE PHILHARMONIC | |||||||||
| 4901 FULLER DRIVE | FORT WAYNE | IN | 46835 | 350791163 | 501 (C) (3) | 12180 | 0 | BOOK | PATRIOTIC POPS AND EDUC CONCERT |
| FAMILY CENTERED SERVIC | |||||||||
| 123 S MARION ST | BLUFFTON | IN | 46714 | 351768199 | 501 (C) (3) | 7980 | 0 | BOOK | YOUTH AS RESOURCES PROGRAM |
| CREATIVE ARTS-WELLS CO | |||||||||
| 211 W WATER ST SUITE B | BLUFFTON | IN | 46714 | 237369770 | 501 (C) (3) | 8130 | 0 | BOOK | PROVIDE ART TO COMMUNITY |
| CITY OF BLUFFTON | |||||||||
| 128 E MARKET ST | BLUFFTON | IN | 46714 | 356000955 | 501 (C) (3) | 7000 | 0 | BOOK | ADA POOL CHAIR LIFT |
| BLUFFTON-HARRISON MSD | |||||||||
| 805 E HARRISON ST | BLUFFTON | IN | 46714 | 351065748 | 501 (C) (3) | 8600 | 0 | BOOK | LEARN SKILLS CLINIC & ED MAT |
| BLUFFTON ANIMAL SHELTER | |||||||||
| 1613 W CHERRY ST | BLUFFTON | IN | 46714 | 356000955 | 501 (C) (3) | 7795 | 0 | BOOK | NEW BUILDING CONSTRUCTION |
| BI-COUNTY SERVICES INC | |||||||||
| 425 E HARRISON ST | BLUFFTON | IN | 46714 | 356203048 | 501 (C) (3) | 10900 | 0 | BOOK | MUSIC THERAPY & TECHNOLOGY UPGRADE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 8 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 5 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS FOR WELLS CO IND. | TypeOfGrant |
| Number Of Recipients | 108 | NumberOfRecipients |
| Amount Of Cash Grant | 295912 | AmountOfCashGrant |
| Method Of Valuation | BOOK | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Grantmaker's Description of How Grants are Used | ORGANIZATIONS RECEIVING GRANTS ARE SENT A LETTER FROM THE FOUNDATION TO NOTIFY THEM THAT THEIR GRANT WAS APPROVED. THE FOUNDATION INCLUDES A GRANT AGREEMENT WITH THIS LETTER THAT THE ORGANIZATIONS SIGN AND RETURN WHEN THEY ARE READY TO RECEIVE THEIR GRANT MONEY. AFTER THE GRANT MONEY IS USED, THE ORGANIZATIONS ARE REQUIRED TO SEND INVOICES, PICTURES, OR PUBLICITY TO SHOW THE FOUNDATION HOW THE MONEY WAS SPENT. A FINAL GRANT REPORT DETAILING EXPENDITURES IS DUE WITHIN 12 MONTHS FROM THE GRANT DISTRIBUTION. FOUNDATION EMPLOYEES FOLLOW UP WITH ORGANIZATIONS RECEIVING GRANTS IF THEY DO NOT RECEIVE INFORMATION ON HOW THE MONEY WAS SPENT. |
| Additional Supplemental Information | SCHEDULE I PART IIITHE FOUNDATION ANNUALLY AWARDS SEVERAL SCHOLARSHIPS TO ALLOW THE RECIPIENTS TO PROMOTE HIGHER EDUCATION LEVEL AMONG AREA RESIDENTS. MANY DIFFERENT SCHOLARSHIP PROGRAMS ARE AVAILABLE DEPENDING ON THE FIELD OF INTEREST THAT WAS SPECIFIED BY THE INDIVIDUALS WHO DONATED FUNDS TO ESTABLISH THE PARTICULAR PROGRAM. THE SCHOLARSHIPS ARE PUBLICLY ADVERTISED AND AWARDED IN ALL AREA SCHOOLS WHICH AREA RESIDENTS ARE ENROLLED.THE SELECTION OF MANY OF THE SCHOLARSHIPS IS BASED ON INDIVIDUAL JUDGMENTS MADE BY A CONTRACTED, INDEPENDENT, NON-LOCAL PROFESSIONAL WHO THEN ADVISES THE BOARD OF HIS OR HER RECOMMENDATIONS. THERE ARE SEVERAL SCHOLARSHIP PROGRAMS FOR WHICH EACH AREA SCHOOL'S BOARD APPOINTED SCHOLARSHIP SELECTION COMMITTEE DETERMINES THE RECIPIENT(S) FOR THAT PARTICULAR PROGRAM. THE SCHOLARSHIP COMPETITION CONSIDERS A WIDE RANGE OF CRITERIA INCLUDING PAST ACADEMIC RECORD, EXTRA-CURRICULAR ACTIVITIES, COMMUNITY INVOLVEMENT, ACADEMIC AND SOCIAL PROGRESS, AND SCORES ON NATIONAL STANDARDIZED TESTS (SAT, ACT).THE FOUNDATION'S GRANT COMMITTEE DOES SELECT INDIVIDUALS FOR SOME OF THE SCHOLARSHIPS, BUT ULTIMATELY, THE BOARD OF DIRECTORS APPROVES THE RECOMMENDATIONS FROM THE SELECTION SOURCES. AS WITH ALL MATTERS REQUIRING BOARD APPROVAL, ALL CONFLICTS OF INTEREST ARE OPENLY DISCLOSED AND IF ANY BOARD MEMBER HAS HAD A PART IN DETERMINING A RECIPIENT, HE OR SHE IS REQUIRED TO ABSTAIN FROM VOTING.THE SCHOLARSHIP AWARDS RANGE FROM ONE-TIME AWARDS TO FOUR-YEAR RECURRING AWARDS. IN ANY CASE, THOUGH, THE SCHOLARSHIP RECIPIENT MUST SUBMIT AN OFFICIAL INVOICE FOR TUITION AND FEES AND SUBMIT RECEIPTS FOR REIMBURSEMENT FOR BOOKS AND REQUIRED EQUIPMENT. ALL TUITION PAYMENTS ARE MADE PAYABLE ONLY TO THE EDUCATIONAL INSTITUTION. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)
| Name Of Interested PersonNameOfInterestedPerson | Relationship With OrganizationRelationshipWithOrganization | Type Of AssistanceTypeOfAssistance | Amount Of GrantAmountOfGrant |
|---|---|---|---|
| ANDREA SINGER | DAUGHTER OF BOARD MEMBER | SCHOLARSHIP | |
| WELLS COUNTY PUBLIC LIBRARY | EXEC DIR IS ON GRANTS COMM | GRANT - READING PROGRAMS | 8000 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO PUBLIC UPON REQUEST. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | EXECUTIVE COMMITTEE MEETS ANNUALLY TO EVALUATE PERFORMANCE OF EXECUTIVE DIRECTOR. COMMITTEE DISCUSSES WHAT THE EXECUTIVE DIRECTOR HAS DONE WELL OVER THE PAST YEAR AND WHAT COULD BE IMPROVED ON OR FOCUSED ON IN THE UPCOMING YEAR. THE COMMITTEE WILL SET COMPENSATION LEVEL AND IN THE PAST HAS COMPARED TO SIMILAR SIZE COMMUNITY FOUNDATIONS.HOURLY WAGES OF OTHER TWO EMPLOYEES ARE FIRST EVALUATED BY EXECUTIVE DIRECTOR WHO RECOMMENDS AN HOURLY RATE TO THE EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE MEETS ANNUALLY TO REVIEW THESE EVALUATIONS AND DISCUSS THE HOURLY RATES. THE COMMITTEE SETS THE HOURLY RATES OF THESE EMPLOYEES. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | DIRECTORS ABSTAIN FROM VOTES DURING BOARD MEETINGS THAT WOULD CREATE A CONFLICT OF INTEREST. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | ALL FINANCE COMMITTEE MEMBERS RECEIVED A COPY OF THE FORM 990. THE COMMITTEE MET TO DISCUSS THE FORM 990 AND ANSWER ANY QUESTIONS ANY OF THE COMMITTEE MEMBERS HAD. |
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