2011-08-31T10:34:43-05:00 2010-12-31 NAIL MCKINNEY PROFESSIONAL ASSOCIATION PO BOX 196 TUPELO MS 388020196 990 2010-01-01 237248582 CREATE FOUNDATION CREA 6628448989 PO BOX 1053 TUPELO MS 38802 MIKE CLAYBORNE 6628448989 2011-03-19 true JAMES PEGUES CPA 6628426475 2011-08-19 2010 2016-02-24 21:20:13Z X 14584615 false X CREATEFOUNDATION.COM X NONPROFIT, CHARITABLE ORGANIZATION WHICH SERVES AS A COMMUNITY FOUNDATION TO STIMULATE GIVING FOR HUMAN DEV- OLPMENT PROJECTS IN EDUCATION, HEALTH AND HUMAN SERVICES, CULTURAL ENRICHMENT, AND LEADERSHIP DEVELOPMENT. 29 28 14 -31746 -31746 6003832 13341511 15715 1086741 1193918 -22025 -31746 7068548 14519398 3917225 6810998 0 828411 888768 0 215536 771460 830752 5517096 8530518 1551452 5988880 44322442 53580620 178067 141964 44144375 53438656 X NONPROFIT, CHARITABLE ORGANIZATION WHICH SERVES AS A COMMUNITY FOUNDATION TO STIMULATE GIVING FOR HUMAN DEV- OLPMENT PROJECTS IN EDUCATION, HEALTH AND HUMAN SERVICES, CULTURAL ENRICHMENT, AND LEADERSHIP DEVELOPMENT. false false 7937535 6810998 CONTRIBUTIONS WERE MADE TO VARIOUS CHARITABLE ORGANIZATIONS INCLUDING PUBLIC SCHOOLS AND UNIVERSITIES TO IMPROVE EDUCATION AND COMMUNITY LIFE AND TO PROMOTE CHARITABLE GIVING. THE ORGANIZATION ALSO OPERATES AS A FISCAL AGENT FOR A NUMBER OF CHARITABLE PROJECTS. CONTRIBUTIONS WERE MADE TO VARIOUS CHARITABLE ORGANIZATIONS INCLUDING PUBLIC SCHOOLS AND UNIVERSITIES TO IMPROVE EDUCATION AND COMMUNITY LIFE AND TO PROMOTE CHARITABLE GIVING. THE ORGANIZATION ALSO OPERATES AS A FISCAL AGENT FOR A NUMBER OF CHARITABLE PROJECTS. 7937535 true true false false false true false false false true true true false false false false false false false false false false false false false false false true true true false false false false false false false false true false false false false true false false false false true 56 0 true 14 true true true false false false false false false false false false false false false false false X 29 28 false false false false false false false true true false false true true true true true true true true false X X X CREATE FOUNDATION 6628448989 PO BOX 1053 213 WEST MAIN ST TUPELO MS 38802 MR BILLY CREWS X 0 215315 0 DR DAVID BECKLEY X 0 0 0 MRS GRACE CLARK X 0 0 0 DR BETTY COWARD X 0 0 0 MR CHIP CRANE X 0 0 0 ORMELLA CUMMINGS X 0 0 0 MR KENNY DILL X 0 0 0 MRS ROBIN MCCORMICK X 0 0 0 MR HASSELL H FRANKLIN X 0 0 0 MRS LISA HAWKINS X 0 0 0 JOHN CREEKMORE X 0 0 0 MR MICKEY HOLLIMAN X 0 0 0 DR GLORIA KELLUM X 0 0 0 MR LARRY G KIRK X 0 0 0 MR BOBBY P MARTIN X 0 0 0 BETSEY HAMILTON X 0 0 0 MR E ROBINSON MCGRAW X 0 0 0 MR GUY MITCHELL III X 0 0 0 BUDDY R MONTGOMERY X 0 0 0 MR AUBREY PATTERSON X 0 0 0 MR GREG PIRKLE X 0 0 0 MR MELVIN RAY X 0 0 0 MR JACK REED SR X 0 0 0 RONNY ROWLAND X 0 0 0 MR DAVID P RUMBARGER X 0 0 0 MR TOMMY TOMLINSON X 0 0 0 MR EDDIE PRATHER X 0 0 0 MR HL WILLIAMS JR X 0 0 0 OCTAVIOUS IVY X 0 0 0 MICHAEL K CLAYBORNE 40.00 X 170644 0 15715 LEWIS WHITFIELD 40.00 X 110904 0 5415 C JUANITA FLOYD 40.00 X 68951 0 6134 JAN EASTMAN 40.00 X 57241 0 2768 407740 215315 30032 3 false true false 421463 321620 12598428 511397 13341511 ADMINISTRATIVE FEES 15715 15715 15715 1193918 1193918 33471 65217 -31746 -31746 -31746 14519398 -31746 1209633 6660421 6660421 150577 150577 505913 286214 106008 113691 252884 164977 48401 39506 35644 21195 7253 7196 41550 24706 8455 8389 52777 41787 5517 5473 11750 11750 85218 85218 63975 38041 13019 12915 18528 18528 21586 2806 17828 952 43230 36241 3508 3481 30086 23967 6119 1442 1442 19391 19391 13822 2939 9885 998 SUPPORT SERVICES 224130 224130 CONTRACTUAL SERVICES 211529 211529 EVALUATION 32425 32425 DIRECT FUNDRAISING COSTS 17645 17645 ASSOC. DUES AND MEMBERSHI 15859 9430 3227 3202 20136 6150 11898 2088 8530518 7937535 377447 215536 -6 -7 1884111 1195759 1170202 432753 641395 737449 19211964 28181135 22544362 23430156 40616 36128 44322442 53580620 178067 141964 178067 141964 X 22384848 53438656 4735312 17024215 44144375 53438656 44322442 53580620 5988880 3305401 X false true true false X 7047836 4807032 3448605 5332032 7973275 28608780 7047836 4807032 3448605 5332032 7973275 28608780 1672235 26936545 2373417 1625039 1369757 1124428 1193918 7686559 15715 15715 36311054 0.74180 0.77520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 147 9 918266 25000 777107 38100 890065 85970 true true false false false false false 17046532 7231366 2964508 544079 1090506 25607821 12866693 1201145 3542086 191676 371716 17046532 18308864 723610 -5237764 643045 284972 12866693 0.00100 0.99900 false false false 80900 80900 891991 285064 606927 197311 147689 49622 737449 23430156 F 23430156 14519398 8530518 5988880 2419621 -14 2419607 8408487 17004236 2419621 65217 2484838 14519398 14519398 8595749 65231 65231 8530518 8530518 RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 RENTAL EXPENSES NOT NETTED AGAINST RENTAL INCOME IN 0 FINANCIAL STATEMENTS 65,217 RENTAL EXPENSES NOT NETTED AGAINST RENTAL INCOME IN 0 FINANCIAL STATEMENTS -65,217 ROUNDING -14 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES NOT NETTED AGAINST RENTAL INCOME IN 0 FINANCIAL STATEMENTS 65,217 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D RENTAL EXPENSES NOT NETTED AGAINST RENTAL INCOME IN 0 FINANCIAL STATEMENTS 65,217 ROUNDING 14 true DONOR DIRECTED TO VARIOUS CHARITIES 777107 DESIGNATED TO VARIOUS CHARITIES 420148 DISBURSEMENTS FOR SPECIAL PROJECTS 2693934 ENDOWMENT FUND DISTRIBUTIONS 204706 PROGRAM SERVICE DISBURSEMENTS 2496034 CREATE UNRESTRICTED GRANTS 68492 SCHOLARSHIPS 150577 X X false false false false false false false false false MR BILLY CREWS 215315 215315 MICHAEL K CLAYBORNE 170644 15715 186359 X 1 371807 X 1 139590 false false false AMENDED RETURN EXPLANATION FORM 990, PAGE 1, ITEM B THE ORIGINALLY FILED RETURN INDICATED THAT THE ORGANIZATION DID NOT HAVE A DOCUMENT RETENTION POLICY. DURING 2010 THE ORGANIZATION ADOPTED A DOCUMENT RETENTION POLICY AND THE ORIGINALLY FILED RETURN WAS AMENDED ON APRIL 22, 2011 TO REFLECT THIS CHANGE. THIS SECOND AMENDMENT IS BEING MADE TO CORRECT THE ORIGINALLY FILED RETURN RELATED TO A TRANSACTION ENTERED INTO BY ONE OF CREATE FOUNDATION'S SUPPORTING ORGANIZATIONS (THE MIZE FOUNDATION)WHICH FLOWED THROUGH CREATE FOUNDATION DURING 2010. THE MIZE FOUNDATION TOOK OUT A LOAN OF 2,000,000, THE PROCEEDS OF WHICH WERE DEPOSITED INTO CREATE FOUNDATION WHO THEN DISBURSED THE FUNDS TO THE BULLDOG CLUB AS DIRECTED BY THE MIZE FOUNDATION. A CONTEMPORANEOUS AGREEMENT BETWEEN THE BULLDOG CLUB AND THE MIZE FOUNDATION SPECIFIES THAT THE 2,000,000 DEBT DOES NOT CONSTITUTE A CONTRIBUTION BY MIZE FOUNDATION TO THE BULLDOG CLUB. RATHER FUTURE DEBT SERVICE PAYMENTS BY THE MIZE FOUNDATION ON THE LOAN WILL CONSTITUTE GRANTS FROM THE MIZE FOUNDATION TO THE BULLDOG CLUB IN THE YEAR SUCH DEBT SERVICE PAYMENTS ARE MADE. THIS SECOND AMENDMENT OF CREATE FOUNDATION'S RETURN REDUCES ORIGINALLY REPORTED CONTRIBUTIONS FROM THE MIZE FOUNDATION AND ORIGINALLY REPORTED GRANTS EXPENDITURES FOR SPECIAL PROJECTS CONSISTENT WITH THE CONTEMPORANEOUS AGREEMENT DESCRIBED ABOVE. ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION NONPROFIT, CHARITABLE ORGANIZATION WHICH SERVES AS A COMMUNITY FOUNDATION TO STIMULATE GIVING FOR HUMAN DEV- OLPMENT PROJECTS IN EDUCATION, HEALTH AND HUMAN SERVICES, CULTURAL ENRICHMENT, AND LEADERSHIP DEVELOPMENT. ALL OTHER ACHIEVEMENTS DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D CONTRIBUTIONS WERE MADE TO VARIOUS CHARITABLE ORGANIZATIONS INCLUDING PUBLIC SCHOOLS AND UNIVERSITIES TO IMPROVE EDUCATION AND COMMUNITY LIFE AND TO PROMOTE CHARITABLE GIVING. THE ORGANIZATION ALSO OPERATES AS A FISCAL AGENT FOR A NUMBER OF CHARITABLE PROJECTS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE INFORMATION RETURN WAS PROVIDED TO THE ORGANIZATION'S PRESIDENT FOR REVIEW PRIOR TO SUBMISSION. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C WRITTEN CONFLICT OF INTEREST STATEMENTS ARE SUBMITTED TO THE EXECUTIVE DIRECTOR COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A SALARY SURVEY DONE BY COUNCIL ON FOUNDATIONS AND OTHER DOCUMENTATION ARE SUBMITTED TO THE ORGANIZATION'S EXECUTIVE COMMITTEE PRIOR TO APPROVAL OF COMPENSATION ADJUSTMENTS FOR THE PRESIDENT COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE SAME SYSTEM UTILIZED FOR THE PRESIDENT'S COMPENSATION IS UTILIZED IN DEVELOPING COMPENSATION AMOUNTS FOR EXECUTIVE AND NON-EXECUTIVE STAFF. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE MIZE FOUNDATION THE MIZE FOUNDATION PO BOX 1053 TUPELO MS 38802 SUPPORTING MS 501 11C BOARD BOARD OF DIRECTORS false THE PIERCE FOUNDATION THE BENJAMIN AND CORINNE PIERCE FOU PO BOX 1053 TUPELO MS 38802 311742414 SUPPORTING MS 501 11C BOARD BOARD OF DIRECTORS false JOURNAL INC AND SUBSIDIARIES JOURNAL INC AND SUBSIDIARIES PO BOX 909 PO BOX 909 TUPELO MS 38802 640183970 NEWSPAPER MS N/A false false false false false false false false false false false false false false false false false false