2012-05-11T12:33:45-05:00 2011-12-31 EDWARD J BECK CPA LLC 7351 OFFICE PARK PLACE SUITE 149 MELBOURNE FL 329408229 990 2011-01-01 592114988 COMMUNITY FOUNDATION FOR BREVARD INC COMM 3217525505 1361 BEDFORD DRIVE ROOM/SUITE 102 MELBOURNE FL 32940 MICHAEL S CEROW 3217525505 2012-05-01 true EDWARD J BECK CPA 3216225997 2012-05-11 2011 2016-02-24 21:20:13Z COMMUNITY FOUNDATION FOR BREVARD SANDRA L SCANNELLI 1361 BEDFORD DRIVE SUITE 102 MELBOURNE FL 32940 4974837 false X CFBREVARD.ORG X 1981 FL THE COMMUNITY FOUNDATION FOR BREVARD IS A NOT-FOR-PROFIT PUBLIC CHARITY SERVING AS A CATALYST AND RESOURCE FOR PHILANTHROPIC INDIVIDUALS AND ORGANIZATIONS TO GROW, ENHANCE AND SUSTAIN BREVARD'S QUALITY OF LIFE. WE MANAGE FUNDS THAT BENEFIT CHARITIES, WHICH INCLUDES ATTRACTING, INVESTING CHARITABLE GIFTS; PROMOTING AND INSPIRING COMMUNITY PHILANTHROPY; PROVIDING SUPPORT AND RESOURCE FOR THE CHARITABLE EDUCATIONAL,CULTURAL, CIVIC, HEALTH, SOCIAL, ENVIRONMENTAL AND ECONOMIC ORGANIZATIONS OF BREVARD COUNTY; AND SERVE AS A CATALYST IN IDENTIFYING PROBLEMS AND OPPORTUNITIES AND INITIATING COLLABORATIVE SOLUTIONS. 15 15 3 20 0 321177 167500 0 -31512 280031 3381 289665 450912 1328800 1368484 0 125439 167138 0 0 146017 138952 1600256 1674574 -1310591 -1223662 12977737 11574259 20012 418494 12957725 11155765 X THE COMMUNITY FOUNDATION FOR BREVARD IS A NOT-FOR-PROFIT PUBLIC CHARITY SERVING AS A CATALYST AND RESOURCE FOR PHILANTHROPIC INDIVIDUALS AND ORGANIZATIONS TO GROW, ENHANCE AND SUSTAIN BREVARD'S QUALITY OF LIFE. WE MANAGE FUNDS THAT BENEFIT CHARITIES, WHICH INCLUDES ATTRACTING, INVESTING CHARITABLE GIFTS; PROMOTING AND INSPIRING COMMUNITY PHILANTHROPY; PROVIDING SUPPORT AND RESOURCE FOR THE CHARITABLE EDUCATIONAL,CULTURAL, CIVIC, HEALTH, SOCIAL, ENVIRONMENTAL AND ECONOMIC ORGANIZATIONS OF BREVARD COUNTY; AND SERVE AS A CATALYST IN IDENTIFYING PROBLEMS AND OPPORTUNITIES AND INITIATING COLLABORATIVE SOLUTIONS. true false 1510761 1368484 CONSISTENT WITH THE COMMUNITY FOUNDATION FOR BREVARD'S MISSION, THE FOUNDATION IMPLEMENTED BOTH COMPETITIVE AND NONCOMPETITIVE GRANT-MAKING PROCESSES WITH DONOR-CONTRIBUTED RESOURCES AND GUIDED BY DONOR INTENT, WHICH INCLUDES NPO BRIEFINGS/TRAINING, AN ONLINE APPLICATION, COMMUNITY LEADER GRANT REVIEW ORIENTATION AND COORDINATION, AND PROVIDING FEEDBACK AND FOLLOWUP TO ALL APPLICANTS. GRANTS AWARDED IN ALL ASPECTS OF QUALITY OF LIFE INCLUDING EDUCATION, ARTS AND CULTURE, HEALTH AND HUMAN SERVICES, ENVIRONMENTAL PROTECTION, AND ANIMAL WELFARE. DURING 2011, THE FOUNDATION DISTRIBUTED OVER 90 GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS, INCLUDING 12 SCHOLARSHIP AWARDS TO FLORIDA UNIVERSITIES. 54351 INDIVIDUALLY AND IN GROUPS, PROVIDED SUPPORT, ASSISTANCE, AND INFORMATION TO DONORS, ORGANIZATIONS, AND OTHER INDIVIDIUALS SEEKING TO FIND AND INVEST IN COMMUNITY CAUSES; AND IN PARTNERSHIP WITH THE URBAN INSTITUTE/NCCS, THE DEVELOPMENT OF A WEB-BASED COMMUNITY PLATFORM, WWW.CONNECTBREVARD.ORG. 57306 DEVELOPED, INVESTED AND MANAGED DONOR CONTRIBUTIONS FOR DISTRIBUTION TO CHARITABLE ORGANIZATIONS AND CAUSES. DURING THE YEAR ENDED 12/31/2011, THE FOUNDATION MANAGED MORE THAN 50 FUNDS ESTABLISHED THROUGH DONOR CONTRIBUTIONS. 1622418 true true false false false true false false true true true false false false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 2 0 3 true false false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true false false FL X X COMMUNITY FOUNDATION FOR BREVARD 3217525505 1361 BEDFORD DRIVE SUITE 102 MELBOURNE FL 32940 KURT C WEISS ESQ 3.00 X X 0 0 0 GINA H RALL CPA 3.00 X X 0 0 0 TODD J STARKEY CFP 2.00 X X 0 0 0 MICHAEL S CEROW CPA 2.00 X X 0 0 0 WILLIAM R HARRIS CFP 2.00 X 0 0 0 RONALD E BRAY CPA RETIRED 15.00 X 0 0 0 LINDA COLEMAN 1.00 X 0 0 0 I WAYNE COOPER CPA 2.00 X 0 0 0 DALE A DETTMER ESQ 2.00 X 0 0 0 BRIAN FISHER CPA 2.00 X 0 0 0 LINDA J MAY 1.00 X 0 0 0 CHARLES IAN NASH ESQ 1.00 X 0 0 0 KURT D PANOUSES ESQ 1.00 X 0 0 0 TODD RUSSELL CPA 1.00 X 0 0 0 MICHAEL WELCH 1.00 X 0 0 0 SANDRA L SCANNELLI 50.00 X 108150 0 0 108150 1 false false false 167500 167500 358199 358199 4445757 4523882 43 -78125 -43 -78168 -43 -78125 AGENCY ADMINISTRATIVE FEE 561499 3247 3247 MISCELLANEOUS INCOME 134 134 3381 450912 -43 283455 1368484 1368484 108150 97300 10850 42389 33911 8478 5167 4504 663 11432 9964 1468 9000 9000 47206 47206 5760 5760 6426 5141 1285 11042 8834 2208 23079 18463 4616 5026 4021 1005 2485 1988 497 13219 10576 2643 3516 2813 703 DONOR DEVELOPMENT 7431 5945 1486 PROGRAM DEVELOPMENT 3246 2597 649 BOARD EXPENSE 845 845 ANNUITY EXPENSE 671 671 1674574 1622418 52156 0 172871 395880 43698 21108 33863 22590 12769403 11154189 1600 1600 12977737 11574259 19963 407160 49 11334 20012 418494 X 1055057 919114 11132360 10000802 770308 235849 12957725 11155765 12977737 11574259 X -1223662 -578298 X false true true X false X 3186713 376552 375819 321177 167500 4427761 3186713 376552 375819 321177 167500 4427761 4427761 219547 609776 417806 414569 358199 2019897 3381 3381 6451039 0.68640 0.70790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14 5 146500 5500 1202526 55533 6459686 855967 true true false false false false true 4004233 15500 -27916 110425 104424 3776968 3810864 32100 451591 140990 101446 4052121 11278317 108014 2954045 2368685 220057 11751634 19365562 375552 -5815741 2392469 254587 11278317 0.00790 0.06120 0.93090 false false false 43698 21108 22590 22590 LIABILITIES UNDER CRUT AGREEMENTS 11334 PAYROLL TAX LIABILITIES 11334 450912 1674574 -1223662 -519765 2 -519763 -1743425 -68810 -519765 43 -519722 450912 450912 1674615 43 43 1674572 2 2 1674574 ESCROW LIABILITY ARRANGEMENT EXPLANATION SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION HOLDS ASSETS UNDER FOUR (4) SEPARATE AGENCY FUND AGREEMENTS FOR OTHER COMMUNITY ORGANIZATIONS AND DISTRIBUTES THOSE ASSETS AS RECOMMENDED BY THE OTHER ORGANIZATIONS. AGENCY FUND ASSETS ARE REPORTED ALONG WITH THE RESPECTIVE AGENCY LIABILITIES IN THE ORGANIZATION'S BALANCE SHEET. CONTRIBUTIONS AND DISTRIBUTIONS ARE REPORTED AS INCREASES (DECREASES) IN THE RESPECTIVE AGENCY LIABILITIES. INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 AS PROVIDED IN THE FOUNDATIONS MISSION AND PURPOSE, ENDOWMENT FUNDS WILL BE USED FOR GRANTS AND DISTRIBUTIONS SOLELY FOR THE CHARITABLE PURPOSES FOR WHICH THE ENDOWMENT FUNDS ARE ESTABLISHED. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 LEASE ABANDONMENT 43 LEASE ABANDONMENT -43 ROUNDING 2 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D LEASE ABANDONMENT 43 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D LEASE ABANDONMENT 43 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 4B ROUNDING 2 true AMERICAN CANCER SOCIETY 4450 WEST EAU GALLIE BLVD STE 280 MELBOURNE FL 32934 131788491 3 15000 CANCER RESEARCH BREVARD REGIONAL ARTS GROUP INC 625 EAST NEW HAVEN AVE MELBOURNE FL 32901 592306612 3 13500 HENEGAR CENTER BREVARD SCHOOLS FOUNDATION 2700 JUDGE FRAN JAMISON WAY VIERA FL 32940 592895155 3 143500 STEM PROGRAMS BREVARD SYMPHONY ORCHESTRA PO BOX 361965 MELBOURNE FL 32936 591149727 3 12756 PERFORMING ARTS EAST COAST ZOOLOGICAL DBA BREVARD ZOO 8225 N WICKHAM FD MELBOURNE FL 32940 592496749 3 125000 ANIMAL CARE CENTER CENTRAL BREVARD HUMANE SOCIETY 1020 COX ROAD COCOA FL 32926 590873109 3 7440 ANIMAL CARE CIRCLES OF CARE 400 EAST SHERIDAN ROAD MELBOURNE FL 32901 591101553 3 11525 BEHAVIORAL PROGRAMS CLUB ESTEEM 3316 MONROE ST MELBOURNE FL 32901 593317831 3 23500 ACADEMIC PROGRAMS FLORIDA INSTITUTE OF TECHNOLOGY 150 W UNIVERSITY BLVD MELBOURNE FL 32901 596046500 3 31480 ALZHEIMERS RESEARCH HOLY TRINITY EPISCOPAL ACADEMY 5825 HOLY TRINITY DRIVE MELBOURNE FL 32940 590823947 3 8825 SCHOLARSHIPS/DEVELOP MELBOURNE CENTRAL CATHOLIC HIGH SCHOOL 100 E FLORIDA AVE MELBOURNE FL 32901 596080774 3 19000 SCHOLARSHIPS(2) SOUTH BREVARD WOMEN'S CENTER INC 1425 AURORA ROAD MELBOURNE FL 32935 591628264 3 20000 UNRESTRICTED SPACE COAST EARLY INTERVENTION CENT 3790 DAIRY RD MELBOURNE FL 32904 592858471 3 20000 UNRESTRICTED THE ASTRONAUTS MEMORIAL FOUNDATIO M/C AMF KENEDY SPACE CENTER FL 32899 592637266 3 20000 CHILDREN FACILITY UNITED WAY OF BREVARD 937 DIXON AVE COCOA FL 32922 590836384 3 180500 UNRESTRICTED UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA AVE ORLANDO FL 32816 592924021 3 7750 SCHOLARSHIPS (5) UNIVERSITY OF FLORIDA PO BOX 114025 GAINESVILLE FL 32611 596002052 3 600000 ENGINEERING EDUCATIO UNIVERSITY OF FLORIDA PO BOX 114025 GAINESVILLE FL 32611 596002052 3 6000 SCHOLARSHIPS (3) 18 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 ALL GRANTS AWARDED, EXCEPT THOSE THAT ARE UNRESTRICTED, MUST FILE A REPORT WITH THE CEO WITH DOCUMENTATION/ SOURCE DOCUMENTS OF HOW THE FUNDS AWARDED WERE SPENT, CONSISTENT WITH THE PURPOSE OF THE GRANT. ANY EXCEPTIONS ARE REPORTED TO THE BOARD. ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION THE COMMUNITY FOUNDATION FOR BREVARD IS A NOT-FOR-PROFIT PUBLIC CHARITY SERVING AS A CATALYST AND RESOURCE FOR PHILANTHROPIC INDIVIDUALS AND ORGANIZATIONS TO GROW, ENHANCE AND SUSTAIN BREVARD'S QUALITY OF LIFE. WE MANAGE FUNDS THAT BENEFIT CHARITIES, WHICH INCLUDES ATTRACTING, INVESTING CHARITABLE GIFTS; PROMOTING AND INSPIRING COMMUNITY PHILANTHROPY; PROVIDING SUPPORT AND RESOURCE FOR THE CHARITABLE EDUCATIONAL,CULTURAL, CIVIC, HEALTH, SOCIAL, ENVIRONMENTAL AND ECONOMIC ORGANIZATIONS OF BREVARD COUNTY; AND SERVE AS A CATALYST IN IDENTIFYING PROBLEMS AND OPPORTUNITIES AND INITIATING COLLABORATIVE SOLUTIONS. ANY SIGNIFICANT NEW PROGRAM SERVICES NOT LISTED ON A PRIOR RETURN FORM 990, PAGE 2, PART III, LINE 2 SIGNIFICANT PROGRAM SERVICES NOT LISTED IN PRIOR YEAR'S FORM 990 ARE INCLUDED IN KEY ACTIVITY 2: INDIVIDUALLY AND IN GROUPS, PROVIDED SUPPORT,ASSISTANCE, AND INFORMATION TO DONORS, ORGANIZATIONS, AND OTHER INDIVIDIUALS SEEKING TO FIND AND INVEST IN COMMUNITY CAUSES; AND IN PARTNERSHIP WITH THE URBAN INSTITUTE/NCCS, THE DEVELOPMENT OF A WEB-BASED COMMUNITY PLATFORM,WWW.CONNECTBREVARD.ORG. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B CPA FIRM COMPILES ACCOUNTING INFORMATION AND PREPARES FORM 990; PROVIDES COPY TO PRESIDENT/CEO TO REVIEW AND COMPLETE/UPDATE; PRESIDENT/CEO MEETS WITH CPA TO REVIEW; BOARD OF DIRECTORS RECEIVES COPY OF FORM 990 AND REVIEWS IT PRIOR TO FILING. --- CONTINUED --- ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C ALL OFFICERS, DIRECTORS, EMPLOYEES, AND VOLUNTEERS ARE REQUIRED TO COMPLETE AND SIGN AN ANNUAL DISCLOSURE OF INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND AGREE TO REMOVE THEMSELVES FROM PARTICIPATION, DISCUSSION AND VOTING FROM ANY REAL OR PERCEIVED SITUATION WHERE CONFLICT MAY ARISE. OFFICERS, COMMITTEE CHAIRS, AND KEY EMPLOYEES MONITOR EACH DECISION AT MEETINGS AND THOSE WITH CONFLICTS RECUSE THEMSELVES FROM PARTICIPATING OR VOTING. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A CEO PERFORMANCE AND COMPENSATION IS REVIEWED ANNUALLY BY A COMPENSATION COMMITTEE COMPRISED OF BOARD MEMBERS. COMPENSATION IS REVIEWED USING COMPENSATION DATA FROM THE COUNCIL ON FOUNDATIONS; AREA COMPENSATION FOR COMPARABLE POSITIONS; AND INDIVIDUAL PERFORMANCE. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THE COMMUNITY FOUNDATION ADOPTED IN 2010 A WRITTEN PUBLIC DISCLOSURE POLICY TO AVAIL ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND OTHER POLICIES, AS WELL AS 990 FINANCIAL INFORMATION UPON REQUEST, EXCLUDING DONOR INFORMATION. COPIES WILL BE MADE FOR A NOMINAL FEE TO COVER THE COST OF REPRODUCTION. 990 INFORMATION IS ALSO AVAILABLE ON THE FOUNDATION'S SITE, CONNECTBREVARD AND OTHER PUBLIC SITES THAT POST 990 RETURNS. --- CONTINUED --- OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 UNREALIZED DEPRECIATION IN VALUE OF INVESTMENTS (519,765) ADJUST BEGINNING CRUT ANNUITY LIABILITY (13,661) ADJUST BEGINNING AGENCY FUND LIABILITIES (44,874) ROUNDING 2 ----------- TOTAL OTHER CHANGES IN NET ASSETS (578,298) ===========