2012-08-08T09:32:16-07:00 2011-12-31 Honegger Ringger & Co Inc 1905 N Main Street Bluffton IN 46714 990 2011-01-01 356042815 WELLS COUNTY FOUNDATION INC WELL 2608248620 360 N MAIN ST SUITE C BLUFFTON IN 46714 BRAD JOHNSON 2012-08-08 true Brad H Johnson CPA 2608244107 2011 2016-02-24 21:20:13Z BRAD JOHNSON 1905 N MAIN ST BLUFFTON IN 46714 12875852 false false X www.wellscountyfound.org X 1957 IN CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. 15 14 3 20 0 69696 538711 0 830297 355094 42048 -34718 942041 859087 471459 504067 0 108831 113425 0 85633 123037 131764 703327 749256 238714 109831 15618104 14723723 991949 921388 14626155 13802335 CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY. false false 318481 295912 AWARD SCHOLARSHIPS TO WELLS COUNTY RESIDENTS TO ASSIST IN PURSUING POST-SECONDARY EDUCATION. 113 STUDENTS RECEIVED SCHOLARSHIPS IN 2010. 226824 208155 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. 545305 true true false false false true false false false true true false false true true false true false false false false false false false false false false true true false false false false false false false false true false false false false false false false false false false false false false true 2 0 false 3 true false false false false false false false false false false false 0 false false false false false false false false false false false X 15 14 false false false false false false false true true false false false true true true true true true true true false false IN X JILL WORDEN 2608248620 360 N MAIN ST SUITE C BLUFFTON IN 46714 X LAURA GENTIS 0.00 X 0 0 0 DEREK MYERS 0.00 X 0 0 0 KIM GENTIS 0.00 X X 0 0 0 TED ELLIS 0.00 X 0 0 0 PHIL SWAIN 0.00 X 0 0 0 RICK SINGER 0.00 X 0 0 0 MIKE CHANEY 0.00 X X 0 0 0 SANDY GARCIA 0.00 X X 0 0 0 GRACE BAUMGARTNER 0.00 X 0 0 0 JEREMY TODD 0.00 X 0 0 0 PETER CONFER 0.00 X 0 0 0 CHUCK KING 0.00 X 0 0 0 STEPHANIE DAVIS 0.00 X 0 0 0 ADAM HARDER 0.00 X 0 0 0 BRAD JOHNSON 0.00 X X 0 0 0 TAMMY SLATER 40.00 X 51000 0 0 51000 0 false false false 0 538711 2353 538711 0 227458 227458 0 0 0 12144301 100 12016765 127536 100 127636 127636 0 0 0 OPERATING FEES 7874 7874 CHANGE IN REMAINDER TRUST -42592 -42592 -34718 859087 92918 227458 208155 208155 295912 295912 0 0 51000 17000 17000 17000 0 54365 17685 27183 9497 0 0 8060 2653 3380 2027 0 0 27590 27590 0 0 0 0 0 6583 6583 0 0 19178 19178 522 522 0 0 0 0 5736 5736 1565 1565 MEALS & ENTERTAINMENT 1166 1166 Equipment Rental & Maintanence 5971 5971 DONOR DEVELOPMENT 10515 10515 AMORTIZATION 46594 46594 ADMINISTRATION FEES 3900 3900 2444 2444 749256 545305 118318 85633 2935 1625 670017 1057398 0 0 0 0 0 0 0 56249 32564 28494 23685 14108326 12881413 0 0 0 808332 759602 15618104 14723723 5854 6254 97965 80894 888130 834240 991949 921388 X 1391587 966491 4174440 3350982 9060128 9484862 14626155 13802335 15618104 14723723 X 109831 -933651 X false true true X false false X 514090 1222426 383204 78791 552389 2750900 0 0 514090 1222426 383204 78791 552389 2750900 1347267 1403633 441706 300627 207078 208169 193873 1351453 0 9100 766 450 10316 4112669 0.34130 0.46010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11 4430 19655 502991 true true 11339843 467326 -516920 208313 120744 10961192 9970765 24095 1586213 133066 108164 11339843 7753989 261482 2111883 63650 92939 9970765 false false false 56249 32564 23685 23685 DEPOSITS 300 BEQUEST RECEIVABLE 247540 BENEFICIAL INTEREST IN REMAINDER TRUST 488879 ACCRUED INTEREST INCOME 22883 759602 CUSTODIAL LIABILITIES 66554 ANNUITY LIABILITY 42477 AGENCY LIABILITIES 725209 834240 859087 749256 109831 -933651 -933651 -823820 -74564 -933651 -933651 859087 859087 749256 749256 749256 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. 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. true 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 8 5 SCHOLARSHIPS FOR WELLS CO IND. 108 295912 BOOK 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. ANDREA SINGER DAUGHTER OF BOARD MEMBER SCHOLARSHIP WELLS COUNTY PUBLIC LIBRARY EXEC DIR IS ON GRANTS COMM 8000 GRANT - READING PROGRAMS 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.