2012-08-15T08:31:36-05:00 2011-12-31 232226550 MCGRAIL MERKEL QUINN & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2011-01-01 232890364 SCRANTON AREA FOUNDATION INC SCRA 5703476203 321 SPRUCE STREET 6TH FL-BANK TOWERS SCRANTON PA 185031409 LAURA DUCCESCHI 5703476203 2012-08-09 1 P01249556 5709610345 2012-08-09 2011 2016-02-24 21:20:13Z LAURA DUCCESCHI 321 SPRUCE STREET 6TH FL-BANK TOWERS SCRANTON PA 185031409 9898723 0 X WWW.SAFDN.ORG X 1954 PA SCRANTON AREA FOUNDATION STRIVES TO ENHANCE THE QUALITY OF LIFE FOR ALL PEOPLE IN LACKAWANNA COUNTY AS A STEWARD, BY DEVELOPING AND MANAGING PERMANENT ENDOWMENT FUNDS; AS A GRANTMAKER, BY GIVING SUPPORT TO ENABLE THE COMMUNITY TO RESPOND TO EMERGING AND CHANGING NEEDS AND OPPORTUNITIES; AS A CHARITABLE RESOURCE, BY ENCOURAGING AND EDUCATING DONORS AND PROVIDING A FLEXIBLE VEHICLE FOR INDIVIDUAL DONORS, NON-PROFIT ORGANIZATIONS AND THE COMMUNITY AT LARGE; AS A CATALYST, BY MOBILIZING COMMUNITY LEADERSHIP IN RESPONSE TO ISSUES. IT IS A CHARITABLE RESOURCE THAT HAS BEEN CREATED BY AND FOR THE PEOPLE OF SCRANTON AND LACKAWANNA COUNTY TO ASSIST DONORS TO BUILD AND SUSTAIN THEIR COMMUNITY WHILE CARRYING OUT THEIR CHARITABLE INTENT. 16 16 4 0 0 0 675051 812119 0 0 907393 1295916 87567 97558 1670011 2205593 887170 1003256 0 0 261717 275504 0 0 62724 353429 387372 1502316 1666132 167695 539461 25571974 25450403 2792537 2849732 22779437 22600671 X SCRANTON AREA FOUNDATION STRIVES TO ENHANCE THE QUALITY OF LIFE FOR ALL PEOPLE IN LACKAWANNA COUNTY AS A STEWARD, BY DEVELOPING AND MANAGING PERMANENT ENDOWMENT FUNDS; AS A GRANTMAKER, BY GIVING SUPPORT TO ENABLE THE COMMUNITY TO RESPOND TO EMERGING AND CHANGING NEEDS AND OPPORTUNITIES; AS A CHARITABLE RESOURCE, BY ENCOURAGING AND EDUCATING DONORS AND PROVIDING A FLEXIBLE VEHICLE FOR INDIVIDUAL DONORS, NON-PROFIT ORGANIZATIONS AND THE COMMUNITY AT LARGE; AS A CATALYST, BY MOBILIZING COMMUNITY LEADERSHIP IN RESPONSE TO ISSUES. IT IS A CHARITABLE RESOURCE THAT HAS BEEN CREATED BY AND FOR THE PEOPLE OF SCRANTON AND LACKAWANNA COUNTY TO ASSIST DONORS TO BUILD AND SUSTAIN THEIR COMMUNITY WHILE CARRYING OUT THEIR CHARITABLE INTENT. 0 0 1003256 1003256 IN 2011, THE COMMUNITY FUNDRAISER FUND WAS ESTABLISHED AT THE FOUNDATION TO RECEIVE DONORS' GIFTS TO QUALIFIED DESIGNATED NONPROFIT CHARITIES. SEVENTY-ONE GIFTS WERE RECEIVED TOTALING $82,175. THE ECONOMIC OPPORTUNITY TRAINING CENTER (EOTC) AND THE BOYS & GIRLS CLUBS OF NEPA EACH RECEIVED A GRANT OF $41,087.50 IN 2011. FOR MANY YEARS SAF HAS BEEN SUPPORTIVE OF THESE ORGANIZATIONS FOR THEIR EFFORTS TO BUILD RESOURCES FOR THEIR EXCELLENT PROGRAMS IN OUR COMMUNITY. A GRANT OF $100,000 WAS GIVEN IN SUPPORT OF FIVE HALF SCHOLARSHIPS FOR STUDENTS ATTENDING THE COMMONWEALTH MEDICAL COLLEGE (TCMC), THE REGIONS FIRST AND ONLY MEDICAL COLLEGE. THIS IS PART OF A FOUR YEAR GRANT OF $400,000. STUDENTS WILL RECEIVE $20,000 PER YEAR FOR FOUR YEARS. A GRANT OF $2,000 WAS GIVEN TO THE UNIVERSITY OF SCRANTON TO SUPPORT THE PEACEMAKERS AFTER SCHOOL PROGRAM. THE LEAHY COMMUNITY HEALTH AND FAMILY CENTER ENGAGED YOUNG PEACEMAKERS 9-12 YEARS OF AGE IN A PROGRAM FACILITATED BY 15 UNIVERSITY OF SCRANTON UNDERGRADUATE AND GRADUATE STUDENTS. WORKING WITH CATHOLIC SOCIAL SERVICES, 8 STUDENTS FROM NEPAL WHO WERE PART OF THE MIGRANT WORKERS COMMUNITY WERE ABLE TO ATTEND PEACEMAKERS. THE PROGRAM WAS A COLLABORATIVE EFFORT WITH CATHOLIC SOCIAL SERVICES, NATIVITY OF OUR LORD CHURCH, STS. PETER & PAUL CHURCH, SCRANTON LACKAWANNA INTERAGENCY COUNCIL, CENTRAL SUSQUEHANNA INTERMEDIATE UNIT. THE PURPOSE HAS BEEN TO PROVIDE A SPACE AND EXPERIENCE WHERE CHILDREN CAN EXPLORE THE MEANING, HISTORY AND VISION OF PEACEMAKING AND ACTUALLY WORK TOGETHER TO MAKE IT HAPPEN. 1003256 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X SCRANTON AREA FOUNDATION INC 5703476203 BANK TOWERS 6TH FL 321 SPRUCE SCRANTON PA 185031409 THOMAS G SPEICHER 0.00 X X 0 0 0 KAREN CLIFFORD 0.00 X X 0 0 0 KATHLEEN GRAFF 0.00 X X 0 0 0 JAMES B BAKER 0.00 X 0 0 0 JOANNE P CORBETT 0.00 X 0 0 0 DANTE A CANCELLI ESQ 0.00 X 0 0 0 ALAN F HUGHES 0.00 X 0 0 0 ROSEMARY BRODERICK 0.00 X 0 0 0 CATHY ANN HARDAWAY 0.00 X 0 0 0 DAVID HAWK 0.00 X 0 0 0 MATTHEW E HAGGERTY ESQ 0.00 X 0 0 0 JANE OPPENHEIM 0.00 X 0 0 0 ANN LAVELLE POWELL ESQ 0.00 X 0 0 0 JAMES A ROSS 0.00 X 0 0 0 JOHN P KEARNEY 0.00 X 0 0 0 CYNTHIA YEVICH 0.00 X 0 0 0 JEANNE A BOVARD 40.00 X 90274 0 12939 90274 0 12939 0 0 0 0 0 812119 812119 659432 659432 8329614 7693130 636484 636484 636484 ADMINISTRATIVE FEE 900099 95410 95410 CHANGE IN CHARITABLE R 900099 2148 2148 97558 2205593 636484 0 756990 643736 643736 359520 359520 90274 45137 45137 121060 121060 16919 16919 30185 30185 17066 17066 4738 1184 3554 30574 30574 290612 290612 6068 6068 6560 3280 3280 26220 26220 3120 3120 240 240 5857 5857 FOUNDATION AND DONOR DE 10753 10753 ASSOCIATION DUES 1120 1120 BOARD/STAFF DEVELOPMENT 840 840 FUND ADMINISTRATION 439 439 231 231 1666132 1003256 600152 62724 161496 156382 53707 49044 213 4663 25015268 24888641 394997 400717 25571974 25450403 8049 250831 276272 2533657 2573460 2792537 2849732 X 11387102 10969415 11392335 11631256 22779437 22600671 25571974 25450403 X 539461 -718227 X 0 1 1 X 0 X 375733 578078 413381 675051 812119 2854362 375733 578078 413381 675051 812119 2854362 41545 2812817 855512 745743 582956 632477 659432 3476120 6330482 0.44430 0.42840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14 89 24026 735996 21085 500016 650500 10980756 1 1 53707 49044 4663 4663 LIABILITY UNDER CHARITABLE REMAINDER UNITRUSTS 15314 FUNDS HELD AS FAS 136 ENDOWMENTS 2558146 2573460 2205593 1666132 539461 -696654 -21573 -718227 -178766 1123462 -696654 -696654 1820116 274896 110581 385477 2205593 1302228 0 1302228 274896 89008 363904 1666132 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE SERVICE HAS GRANTED THE FOUNDATION PERMANENT PUBLIC FOUNDATION STATUS. CONSEQUENTLY, THE FOUNDATION IS REQUIRED TO DRAW ITS SUPPORT FROM A BROAD BASE OF THE COMMUNITY. TO MEET THIS REQUIREMENT, THE "FOUNDATION ASSOCIATES" WAS ESTABLISHED SEVERAL YEARS AGO FOR THE PURPOSE OF SOLICITING MEMBERSHIP AND PARTICIPATION IN THE WORK OF THE SCRANTON AREA FOUNDATION, INC. IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE FOUNDATIONS TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET ACTIVITY IN FAS 136 FUNDS HELD AS AGENCY ENDOWMENTS ($21,573) -21,573. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS IN FAS 136 FUNDS $659 INTEREST IN FAS 136 FUNDS $75,011 REALIZED GAINS IN FAS 136 FUNDS $34,911 PART XIII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES IN FAS 136 FUNDS $15,716 GRANT EXPENSES IN FAS 136 FUNDS $73,292 SCHEDULE D PART X, LINE 2 - THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE SERVICE HAS GRANTED THE FOUNDATION PERMANENT PUBLIC FOUNDATION STATUS. CONSEQUENTLY, THE FOUNDATION IS REQUIRED TO DRAW ITS SUPPORT FROM A BROAD BASE OF THE COMMUNITY. TO MEET THIS REQUIREMENT, THE "FOUNDATION ASSOCIATES" WAS ESTABLISHED SEVERAL YEARS AGO FOR THE PURPOSE OF SOLICITING MEMBERSHIP AND PARTICIPATION IN THE WORK OF THE SCRANTON AREA FOUNDATION, INC. IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE FOUNDATIONS TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. 1 LACKAWANNA COUNTY LIBRARY SYSTEM 500 VINE STREET SCRANTON PA 18509 501(C)(3) 5000 TO PROVIDE ASSISTANCE TO LIBRARY'S LECTURE SERIES. WOMEN'S RESOURCE CENTER PO BOX 975 SCRANTON PA 18501 232003915 501(C)(3) 15000 TO PROVIDE VOLUNTEER CRISIS AND ADVOCACY PROGRAM TO ASSIST WOMEN IN CRISIS. WVIA 100 WVIA WAY PITTSTON PA 18640 231663603 501(C)(3) 6180 TO PROVIDE SUPPORT FOR PUBLIC TELEVISION AND RADIO PROGRAMMING. THE COMMONWEALTH MEDICAL COLLEGE 150 N WASHINGTON AVE SCRANTON PA 18503 260812968 501(C)(3) 100000 TO PROVIDE FOR A SCHOLARSHIP FUND. UNITED WAY OF LACKAWANNA COUNTY 615 JEFFERSON AVE SCRANTON PA 18510 240824164 501(C)(3) 20000 TO PROVIDE OPERATIONAL ASSISTANCE. COUNTRYSIDE CONSERVANCY PO BOX 55 LA PLUME PA 18440 232787790 501(C)(3) 25000 TO ASSIST WITH THE DEVELOPMENT OF A RECREATIONAL TRAIL/ROUTE. FRIENDSHIP HOUSE 1509 MAPLE STREET SCRANTON PA 18505 240795422 501(C)(3) 20000 TO PROVIDE EARLY EDUCATION SERVICES TO TRANSITION CHILDREN INTO TRADITIONAL EDUCATIONAL SETTINGS. MARYWOOD UNIVERSITY 2300 ADAMS AVENUE SCRANTON PA 18509 240795456 501(C)(3) 15000 TO PROVIDE EVALUATIONS AND ASSISTIVE DEVICES FOR THOSE WITH COMMUNICATION DISABILITIES. LACKAWANNA HOUSING SERVICES COLLABORATIVE 709 E MARKET STREET SCRANTON PA 18509 232177741 501(C)(3) 17500 TO PROVIDE HOME OWNERSHIP AND HOUSEING FORECLOSURE PREVENTION SERVICES. SCRANTON PUBLIC LIBRARY 500 VINE STREET SCRANTON PA 18509 246000426 501(C)(3) 10000 TO PROVIDE DIGITIZATION AND PRESERVATION OF HISTORIC POETRY READINGS. AMERICAN RED CROSS 545 JEFFERSON AVENUE SCRANTON PA 18510 530196605 501(C)(3) 10000 TO PROVIDE EMERGENCY ASSISTANCE TO PROVIDE LOCAL FLOOD RELIEF. MARLEY'S MISSION PO BOX 505 SCRANTON PA 18501 271458718 501(C)(3) 5000 TO PROVIDE ONSITE EAGALA TRAINING AND CERTIFICATION FOR STAFF. 12 SCHOLARSHIPS FOR STUDENTS GRADUATING FROM OR ATTENDING A PARTICULAR SCHOOL 61 335268 HUMANITARIAN AWARD PRESENTED TO A WOMAN WHOSE VISION, DEDICATION AND COURAGE HAS ENHANCED THE QUALITY OF LIFE AND EXPANDED THE OPPORTUNIES FOR THE PEOPLE OF HER COMMUNITY 1 1000 SCHOLARSHIPS TO TEACHERS IN A PARTICULAR SCHOOL DISTRICT FOR TRAINING TO ENHANCE PROFESSIONALISM 1 2890 TUITION ASSISTANCE TO AN INDIVIDUAL TO PARTICIPATE IN LEADERSHIP LACKAWANNA 5 5002 SCHOLARSHIPS FOR STUDENTS FROM A PARTICULAR SCHOOL TO PARTICIPATE IN OUTWARD BOUND 4 14610 TUITION ASSISTANCE FOR CHILDREN AND YOUTH TO ENJOY CAMPING AT GOOSE POND SCOUT RESERVATION 1 750 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS REQUIRE THE ORGANIZATION TO SEND PROGRESS REPORTS TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 A BUSINESS RELATIONSHIP EXISTS BETWEEN TWO BOARD MEMBERS, THOMAS SPEICHER AND KAREN CLIFFORD. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE MEETS WITH THE EXECUTIVE DIRECTOR AND THE INDEPENDENT ACCOUNTING FIRM TO REVIEW THE FORM 990. THE AUDIT COMMITTEE WILL THEN EMAIL THE 990 TO THE ENTIRE BOARD FOR REVIEW. THE AUDIT COMMITTEE THEN VOTES WHETHER OR NOT TO ACCEPT IT. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS REQUIRED ANNUALLY TO FILL OUT A CONFLICT OF INTEREST QUESTIONNAIRE. ANY POTENTIAL CONFLICTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A BEGINNING IN 2008, AS DIRECTED BY THE EXECUTIVE COMMITTEE, THE PROPOSED OPERATING BUDGET REFLECTS SUGGESTED SALARIES FOR THE THREE EMPLOYEES AND THE EXECUTIVE DIRECTOR FOR REVIEW AND ACTION BY THE EXECUTIVE COMMITTEE AND FINAL APPROVAL OF THE BOARD OF GOVERNORS. THE SALARY FOR THE EXECUTIVE DIRECTOR IS SUBSTANTIATED BY INFORMATION PROVIDED BY THE COUNCIL ON FOUNDATIONS - A NATIONAL ACCREDITING BODY. THE EXECUTIVE COMMITTEE WILL REVIEW THE OPERATING BUDGET AND THE SUPPORTING DOCUMENTS AND WILL VOTE TO ACCEPT, AMEND, OR DISMISS THE BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. A COPY OF THE BALANCE SHEET IS INCLUDED IN FOUNDATION'S QUARTERLY NEWSLETTER. SINCE THE FOUNDATION IS REGISTERED WITH PENNSYLVANIA'S BUREAU OF CHARITABLE ORGANIZATIONS, A COPY OF FINANCIAL INFORMATION IS ALSO AVAILABLE FROM THE PA DEPARTMENT OF STATE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -696,654. NET ACTIVITY IN FAS 136 FUNDS HELD AS AGENCY ENDOWMENTS ($21,573) -21,573. TOTAL TO FORM 990, PART XI, LINE 5: -718,227.