2012-11-15T16:42:45-06:00 2011-12-31 202122306 GBQ PARTNERS LLC 230 WEST STREET SUITE 700 COLUMBUS OH 432152663 990 2011-01-01 311760702 LICKING COUNTY FOUNDATION INC LICK 7403493863 30 N 2ND STREET NEWARK OH 430584212 MIKE CANTLIN 7403493863 2012-11-15 1 GBQ PARTNERS LLC P00631697 6142211120 2011 2016-02-24 21:20:13Z MIKE CANTLIN 30 N 2ND STREET NEWARK OH 430584212 21046 0 X X 1956 OH LICKING COUNTY FOUNDATION IS A PUBLIC CHARITABLE ORGANIZATION MADE UP OF A DIVERSE COLLECTION OF FUNDS GIVEN BY CARING INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS THAT HAVE A COMMON CONCERN FOR THE WELL-BEING OF THE PEOPLE OF LICKING COUNTY. DISTRIBUTIONS FROM THESE FUNDS MAINTAIN AND ENHANCE THE EDUCATIONAL, SOCIAL, CULTURAL, HEALTH AND CIVIC RESOURCES OF THE COMMUNITY THROUGH SUPPORT OF QUALIFIED CHARITABLE ORGANIZATIONS. THE MISSION OF LICKING COUNTY FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE FOR ALL CITIZENS OF LICKING COUNTY AND TO DISTRIBUTE PERMANENT CHARITABLE ASSETS TO BENEFIT THE WHOLE COMMUNITY. 10 10 0 0 0 0 720000 20000 0 0 1175 1046 0 0 721175 21046 6265 0 0 0 0 0 0 0 0 51573 40187 57838 40187 663337 -19141 6188960 5593961 0 162000 6188960 5431961 THE MISSION OF LICKING COUNTY FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE FOR ALL CITIZENS OF LICKING COUNTY AND TO DISTRIBUTE PERMANENT CHARITABLE ASSETS TO BENEFIT THE WHOLE COMMUNITY. 0 0 40187 LICKING COUNTY FOUNDATION IS A PUBLIC CHARITABLE ORGANIZATION MADE UP OF A DIVERSE COLLECTION OF FUNDS GIVEN BY CARING INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS THAT HAVE A COMMON CONCERN FOR THE WELL-BEING OF THE PEOPLE OF LICKING COUNTY. DISTRIBUTIONS FROM THESE FUNDS MAINTAIN AND ENHANCE THE EDUCATIONAL, SOCIAL, CULTURAL, HEALTH AND CIVIC RESOURCES OF THE COMMUNITY THROUGH SUPPORT OF QUALIFIED CHARITABLE ORGANIZATIONS. 40187 1 1 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X KATIE BROWN 7403493863 30 N 2ND STREET NEWARK OH 430584212 MIKE CANTLIN 2.00 X X 0 0 0 DAVID TRAUTMAN 2.00 X X 0 0 0 JEFF COX 2.00 X X 0 0 0 STUART PARSONS 2.00 X 0 0 0 ANN FRYMAN 1.00 X 0 0 0 JERRY MCCLAIN 1.00 X 0 0 0 BILL MCCONNELL 1.00 X 0 0 0 JUDITH PIERCE 1.00 X 0 0 0 SARAH WALLACE 1.00 X 0 0 0 WILLIAM MOORE 1.00 X 0 0 0 PNC 1.00 X 0 2309 0 PARK NATIONAL BANK 1.00 X 0 132693 0 0 135002 0 0 0 0 0 0 20000 20000 1046 1046 21046 0 0 1046 39896 39896 ADMINISTRATIVE FEES 291 291 40187 40187 0 0 830539 106493 6131229 724046 57731 4869915 6188960 5593961 0 162000 0 162000 X 747163 722667 751099 1043708 4690698 3665586 6188960 5431961 6188960 5593961 X -19141 -737858 X X 0 1 1 X 0 X 180055 358511 7561 720000 20000 1286127 180055 358511 7561 720000 20000 1286127 0 0 0 1286127 187 150 8 1175 1046 2566 187 150 8 1175 1046 2566 180242 358661 7569 721175 21046 1288693 0.99800 0.99870 0.00200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 162000 0 0 3498317 20000 1046 5531 291 3513542 0 0 138448 138448 692091 106493 585598 724046 MARKETABLE SECURITIES 73625 C REAL ESTATE INVESTMENTS 4796290 C 4869915 AGENCY LIABILITY 162000 162000 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT PERFORMS AN ANNUAL ASSESSMENT FOR ANY UNCERTAINTY IN INCOME TAX POSITIONS WHICH INCLUDES AN ANALYSIS OF WHETHER THERE ARE ANY TAX POSITIONS THE FOUNDATION TAKES WITH REGARD TO UNRELATED BUSINESS INCOME, RELATED DEDUCTIONS APPLIED, OR OTHER ACTIVITIES THAT MAY JEOPARDIZE THEIR TAX EXEMPT STATUS AND THUS WOULD MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION. AS OF DECEMBER 31, 2011, TAX FILING PERIODS FOR THE YEARS ENDED 2007 AND PRIOR ARE CLOSED. MANAGEMENT HAS NOT BEEN NOTIFIED THAT THEIR TAX RETURNS FOR YEARS 2008 AND SUBSEQUENT ARE CURRENTLY UNDER EXAMINATION. NO TAX LIABILITY ACCRUAL WAS RECORDED AS OF THE YEARS ENDED DECEMBER 31, 2011 OR 2010, RELATING TO MATERIAL UNCERTAIN POSITIONS TAKEN, AS MANAGEMENT BELIEVES THERE ARE NONE. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE CHAIRMAN AND PAST CHAIRMAN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE DIRECTOR PROVIDES THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND CONFLICT OF INTEREST STATEMENT AND DISCLOSURE TO EACH GOVERNING COMMITTEE MEMBER, STAFF MEMBER, AND COMMITTEE MEMBER (WHO IS NOT A BOARD MEMBER) TO READ AND COMPLETE. THE CONFLICT OF INTEREST STATEMENT AND DISCLOSURE DOCUMENTS ARE REVIEWED BY THE DIRECTOR. ANY POTENTIAL CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE GOVERNING COMMITTEE FOR ENFORCEMENT. A NOTEBOOK IS COMPILED OF ALL STATEMENTS AND DISCLOSURES FOR READY ACCESS AND REFERENCE. AT THE BEGINNING OF EACH BOARD MEETING, GOVERNING COMMITTEE MEMBERS ARE ASKED TO DISCLOSE ANY NEW INTERESTS OR AFFILIATIONS. FORM 990, PART VI, SECTION B, LINE 15 IN THE PROCESS OF DETERMINING THE COMPENSATION OF THE DIRECTOR, THE HUMAN RESOURCES COMMITTEE (COMPRISED OF A BOARD MEMBER AND COMMUNITY VOLUNTEERS) REVIEWED THE COUNCIL ON FOUNDATIONS (COF) 2011 COMPENSATION SUMMARY FOR COMMUNITY FOUNDATIONS WHICH PROVIDED DATA ON THE SALARIES AND BENEFITS RECEIVED BY TOP MANAGEMENT OFFICIALS OF COMPARABLE COMMUNITY FOUNDATIONS. THEY ALSO REVIEWED A CHART OF COF SALARY DATA WHICH PRESENTED THE LOW/MEDIAN/HIGH SALARY RANGES FOR THIS POSITION; AND COLA/LOCAL MARKET SALARY ADJUSTMENTS. BASED ON AN ASSESSMENT OF THIS DATA, RECOMMENDATIONS FOR STAFF COMPENSATION WERE MADE BY THE HUMAN RESOURCES COMMITTEE AND APPROVED BY THE GOVERNING COMMITTEE. ALL OF THESE DELIBERATIONS WERE DOCUMENTED WITH COMMITTEE AND BOARD MEETING MINUTES. IN THE PROCESS OF DETERMINING THE COMPENSATION OF OTHER OFFICERS/KEY EMPLOYEES, THE HUMAN RESOURCES COMMITTEE (COMPRISED OF A BOARD MEMBER AND COMMUNITY VOLUNTEERS) REVIEWED THE COUNCIL ON FOUNDATIONS (COF) 2011 COMPENSATION SUMMARY FOR COMMUNITY FOUNDATIONS WHICH PROVIDED DATA ON THE SALARIES AND BENEFITS RECEIVED BY OFFICERS/KEY EMPLOYEES OF COMPARABLE COMMUNITY FOUNDATIONS. THEY ALSO REVIEWED A CHART OF COF SALARY DATA WHICH PRESENTED THE LOW/MEDIAN/HIGH SALARY RANGES FOR THESE POSITIONS; AND COLA/LOCAL MARKET SALARY ADJUSTMENTS. BASED ON AN ASSESSMENT OF THIS DATA, RECOMMENDATIONS FOR STAFF COMPENSATION WERE MADE BY THE HUMAN RESOURCES COMMITTEE AND APPROVED BY THE GOVERNING COMMITTEE. ALL OF THESE DELIBERATIONS WERE DOCUMENTED WITH COMMITTEE AND BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AS STATED ON THE ORGANIZATION'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET INCOME FROM RELATED ORGANIZATION -783,724. TRANSFER OF NET ASSETS FROM RELATED ORGANIZATION 45,866. TOTAL TO FORM 990, PART XI, LINE 5: -737,858. THE AUDIT COMMITTEE IS CHAIRED BY THE FOUNDATION'S VICE CHAIRMAN AND COMPRISED OF NON-BOARD MEMBER VOLUNTEERS, PROVIDES OVERSIGHT INTO THE ORGANIZATION'S ACCOUNTING AND FINANCIAL REPORTING; AND OVERSEES THE ORGANIZATION'S ANNUAL AUDITS, SELECTION OF AN INDEPENDENT AUDITOR, FORM 990 PREPARATION, ETHICS, ADEQUACY OF INTERNAL CONTROLS, PROPER AUTHORIZATION OF ACTIVITIES AND EXPENDITURES, COMPLIANCE WITH POLICIES, AND DEVELOPMENT OF NEW POLICIES. LICKING COUNTY FOUNDATION 30 N 2ND STREET NEWARK OH 430584212 316018618 TO IMPROVE THE QUALITY OF LIFE FOR ALL CITIZENS OF LICKING COUNTY OH 501(C)(3) LINE 9 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 LICKING COUNTY FOUNDATION B 5531 CASH LICKING COUNTY FOUNDATION Q 1070000 COST BASIS OF PROPERTY