2011-11-10T14:15:19-06:00 2010-12-31 LARSONALLEN LLP 2900 SOUTH QUINCY ST SUITE 150 ARLINGTON VA 22206 990 2010-01-01 521889647 FOUNDATION FOR RURAL SERVICE FOUN 7033512000 4121 WILSON BLVD 10TH FLOOR ARLINGTON VA 22203 SHIRLEY BLOOMFIELD 7033512000 2011-11-07 1 7039985100 2010 2016-02-24 21:20:13Z SHIRLEY BLOOMFIELD 4121 WILSON BLVD 10TH FLOOR ARLINGTON VA 22203 814444 0 X WWW.FRS.ORG X 1994 VA TO INFORM AND EDUCATE THE PUBLIC ON THE TELECOMMUNICATIONS NEEDS OF RURAL AREAS. 15 15 6 15 0 0 407258 408000 145161 152109 30013 27108 13951 13130 596383 600347 58000 60000 0 0 271633 268429 0 0 75823 299029 286279 628662 614708 -32279 -14361 1270790 1310434 179513 162564 1091277 1147870 THE FOUNDATION FOR RURAL SERVICE, IN COOPERATION WITH THE NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION SEEKS TO SUSTAIN AND ENHANCE THE QUALITY OF LIFE THROUGHOUT RURAL AMERICA BY ADVANCING AN UNDERSTANDING OF RURAL TELECOMMUNICATIONS ISSUES. 0 0 148567 113400 YOUTH TOUR - THE FOUNDATION SPONSORS AN ANNUAL TOUR OF WASHINGTON, D.C. APPROXIMATELY ONE HUNDRED HIGH SCHOOL STUDENTS FROM RURAL AMERICA VISIT THE NATION'S CAPITOL TO LEARN ABOUT THE TELECOMMUNICATIONS INDUSTRY AND THE LEGISLATIVE PROCESS. 101409 38709 AWARENESS CAMPAIGN - THE FOUNDATION SPONSORS AN ONGOING AWARENESS CAMPAIGN TO PROMOTE THE CONTRIBUTION THAT SMALL, INDEPENDENT TELEPHONE COMPANIES MAKE TO RURAL COMMUNITIES. THE PROGRAM INCLUDES THE PRODUCTION OF INFORMATIONAL MAILERS GEARED TOWARD EDUCATING RURAL TELECOMMUNICATIONS CUSTOMERS, AN IMAGE AND AWARENESS CAMPAIGN THAT AIMS TO EDUCATE STATE AND LOCAL DECISION MAKERS ON THE VALUE THAT COMMUNITY BASED TELECOM PROVIDERS BRING TO THE TELECOM AND ECONOMIC FUTURES OF THEIR COMMUNITIES AND A SERIES OF EDUCATIONAL PAPERS AIMED AT EDUCATING DECISION-MAKERS. 91959 60000 SCHOLARSHIPS - RECOGNIZING THE DISPARITIES BETWEEN RURAL AND URBAN ACCESS TO HIGHER EDUCATION, THE FOUNDATION OFFERS AN ANNUAL COLLEGE SCHOLARSHIP PROGRAM TO HELP FURTHER HIGHER EDUCATION AMONG RURAL YOUTH. SCHOLARSHIPS IN THE AMOUNT OF $2,000 ARE AWARDED TO THIRTY WINNERS SELECTED BY AN INDEPENDENT TEAM OF REVIEWERS IN THE EDUCATION FIELD. 341935 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 10 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 7033512000 4121 WILSON BLVD 10TH FLOOR ARLINGTON VA 22203 TOM CONRY 1.00 X X 0 0 0 KEVIN FELTY 1.00 X X 0 0 0 SUSAN SCHMUTZLER 1.00 X X 0 0 0 LYMAN HORNE 1.00 X 0 0 0 LEE LOGAN 1.00 X 0 0 0 FREDERICK JOHNSON 1.00 X 0 0 0 DAVID REDMAN 1.00 X 0 0 0 GARY GODFREY 1.00 X 0 0 0 DALE MERTEN 1.00 X 0 0 0 BRENT KENNEDY 1.00 X 0 0 0 DARREN DIERBECK 1.00 X 0 0 0 CHRISTOPHER LEHNER 1.00 X 0 0 0 PATRICK RIAZZI 1.00 X 0 0 0 STANLEY ROUSE 1.00 X 0 0 0 ROBERT WEST 1.00 X 0 0 0 MICHAEL E BRUNNER 1.00 X 0 836693 67771 SHIRLEY BLOOMFIELD 1.00 X 0 247500 40216 0 1084193 107987 0 0 1 0 0 99122 40000 268878 408000 YOUTH TOUR 900099 113400 113400 INFORMATION MAILER 900099 38709 38709 152109 29252 29252 37746 39890 -2144 -2144 -2144 185840 99122 174207 11633 11633 MISCELLANEOUS 900099 1497 1497 1497 600347 152109 0 40238 60000 60000 186603 80047 53441 53115 31092 13457 8457 9178 36517 15978 11078 9461 14217 6132 4016 4069 11020 11020 45472 45472 21149 9870 11279 60045 60045 17027 17027 388 388 5764 5764 FACILITY RENTAL/FOOD & 103741 103741 MISCELLANEOUS EXPENSES 13792 7238 6554 BOARD EXPENSES 6212 6212 TAXES 1669 1669 614708 341935 196950 75823 106727 99282 5873 2986 10428 5696 37929 33636 14191 9308 2257 4883 1049988 1147861 57588 16090 1270790 1310434 12328 16754 167185 145810 179513 162564 X 906800 947029 184477 200841 1091277 1147870 1270790 1310434 X -14361 70954 X X 0 1 1 X 0 X X X 0 0 0 NATIONAL TELECOMMUNICATION COOPERATIVE ASSOCIATION 520741336 501 C (6) 1 0 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 504535 60889 565424 419342 85193 504535 1.00000 0 0 14191 9308 4883 4883 600347 614708 -14361 70954 70954 56593 857668 70954 12160 174207 257321 600347 0 600347 801075 12160 174207 186367 614708 0 614708 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE CODE. THE FOUNDATION HAS ADOPTED THE GUIDANCE ON THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE ADOPTION OF THIS STANDARD HAD NO IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION FILES AS A TAX EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, THE FOUNDATION'S 2007, 2008 AND 2009 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 174,207. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 174,207. ANNUAL MEETING 84755 38900 45855 3510 53724 5611 11274 FALL CONFERENCE 51355 23950 27405 1223 6500 22307 3410 4760 1 49730 26672 23058 6858 18243 7974 9621 185840 89522 96318 11591 78467 35892 3410 25655 155015 -58697 1 SCHOLARSHIPS 30 60000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: RECOGNIZING THE DISPARITIES BETWEEN RURAL AND URBAN ACCESS TO HIGHER EDUCATION, THE FOUNDATION FOR RURAL SERVICE (FRS) OFFERS AN ANNUAL COLLEGE SCHOLARSHIP PROGRAM TO HELP FURTHER HIGHER EDUCATION AMONG RURAL YOUTH. AWARDS ARE GRANTED TO RURAL HIGH SCHOOL SENIORS ACROSS THE UNITED STATES. THE STUDENTS ARE SPONSORED BY A NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION (NTCA) MEMBER COMPANY AND, IF CHOSEN, ARE AWARDED $2,000 BY FRS IN ADDITION TO A $500 SCHOLARSHIP MATCH BY THEIR SPONSORING COMPANY. AN INDEPENDENT TEAM OF REVIEWERS IN THE EDUCATION FIELD ARE SELECTED TO REVIEW THE APPLICATIONS AND SELECT THE WINNERS BASED ON SPECIFIED CRITERIA. FRS STAFF ACCEPTS AND PROCESSES ALL APPLICATIONS. HOWEVER, FRS STAFF AND FRS BOARD MEMBERS DO NOT REVIEW THE APPLICATIONS OR HAVE ANY INFLUENCE ON THE DECISION PROCESS. 0 0 0 0 0 0 0 0 0 MICHAEL E BRUNNER 0 799142 0 37551 0 0 0 50710 0 17061 0 904464 0 0 SHIRLEY BLOOMFIELD 0 225000 0 22500 0 0 0 21560 0 18656 0 287716 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD DOES NOT REVIEW THE 990 PRIOR TO FILING. A COPY OF THE 990 IS REVIEWED BY THE FOUNDATION MANAGER WITH THE ASSISTANCE OF THE CHIEF FINANCIAL OFFICER, CHIEF EXECUTIVE OFFICER, AND DIRECTOR OF FINANCE OF NTCA PRIOR TO FILING. AFTER APPROVAL, IT IS SIGNED BY THE FOUNDATION MANAGER. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. ALL STAFF AND THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN OFF INDICATING ADHERENCE TO THE POLICY. THROUGHOUT THE YEAR, MANAGEMENT IS REQUIRED TO REPORT ANY VIOLATIONS OF THE POLICY TO THE CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 70,954. FORM 990, PART XI, LINE 2C: THE FOUNDATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT PROCESS AND SELECTION PROCESS HAVE NOT CHANGED FROM THE PRIOR YEAR. NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION 4121 WILSON BLVD 10TH FLOOR ARLINGTON VA 22203 520741336 NTCA IS A TRADE ASSOCIATION THAT APPOINTS THE FRS BOARD VA 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 NATIONAL TELECOMMUNICATION COOPERATIVE ASSOCIATION O 56305 FAIR MARKET VALUE