FINSECA FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- FINSECA FOUNDATION (EIN 52-1727202)
- Tax period
- 2010-09-01 to 2011-08-31
- Filed
- 2011-12-20
- IRS object ID
- 201103549349300415
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-12-20T13:54:42-06:00 | Timestamp |
| Tax Period End Date | 2011-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 SOUTH QUINCY ST SUITE 150 | AddressLine1 |
| City | ARLINGTON | City |
| State | VA | State |
| ZIP Code | 22206 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521727202 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GENERAL AGENTS AND MANAGERS CONFERENCE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GENE | NameControl |
| Phone | 5714994315 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2901 TELESTAR COURT NO 140 | AddressLine1 |
| City | FALLS CHURCH | City |
| State | VA | State |
| ZIP Code | 22042 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KATHRYN KELLAM | Name |
| Title | CEO | Title |
| Phone | 5714994315 | Phone |
| Date Signed | 2011-12-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | YUNG-HEE GALLINARO | Name |
| Phone | 7039985100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GAMA FOUNDATION FOR EDUCATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KATHRYN KELLAM | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2901 TELESTAR COURT NO 140 | AddressLine1 |
| City | FALLS CHURCH | City |
| State | VA | State |
| ZIP Code | 22042 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 710409 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | GAMAFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1990 | YearFormation |
| State Legal Domicile | DC | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE RESEARCH AND EDUCATION MATERIALS TO THOSE IN LIFE INSURANCE AND RELATED FINANCIAL SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 17 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 678982 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 572289 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 37874 | InvestmentIncomePriorYear |
| Investment Income Current Year | 49220 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -12204 | OtherRevenuePriorYear |
| Other Revenue Current Year | 34760 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 704652 | TotalRevenuePriorYear |
| Total Revenue Current Year | 656269 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 169238 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 174315 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 159928 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 986964 | OtherExpensePriorYear |
| Other Expenses Current Year | 751714 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1156202 | TotalExpensesPriorYear |
| Total Expenses Current Year | 926029 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -451550 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -269760 | RevenuesLessExpensesCY |
| Total Assets BOY | 4170255 | TotalAssetsBOY |
| Total Assets EOY | 4035495 | TotalAssetsEOY |
| Total Liabilities BOY | 2335 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12860 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4167920 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4022635 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE RESEARCH AND EDUCATION MATERIALS TO THOSE INVOLVED IN THE LIFE INSURANCE AND RELATED FINANCIAL SERVICES FIELD. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 180566 | Expense |
| Description | EDUCATION AND RESEARCH - TO PROVIDE RESEARCH AND EDUCATION MATERIALS TO THOSE INVOLVED IN THE LIFE INSURANCE AND RELATED FINANCIAL SERVICES FIELD. | Description |
| Total Program Service Expense | 180566 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 5 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BETTY PATTISON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5714994328 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2901 TELESTAR CT 140 | AddressLine1 |
| City | FALLS CHURCH | City |
| State | VA | State |
| ZIP Code | 22042 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| REGINALD N RABJOHNS | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| ROBERT J FASHANO | ||||||
| IMMEDIATE PAST CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| RICHARD T CLEARY | ||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| JOSEPH SPARACIO | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| ROBERT H BACCIGALUPI | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| EDWARD G DEUTSCHLANDER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KENNETH G GALLACHER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JEFFREY SCOTT GOLAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JEFFREY R HUGHES | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ROBERT DEMING LOWREY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| RICHARD R MCCLOSKEY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DAVID C PORTER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| GREGORY RADCLIFF | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MARK MICHAEL ROONEY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| FRANK J SCARPA | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| COLLEEN A SCHUENEMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| GREGORY R SMITH | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ATHAN P VORILAS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| HARRY HOOPIS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KATHRYN KELLAM | ||||||
| CEO | 40.00 | X | 155328 | 0 | 9553 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 155328 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 9553 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GAMA INTERNATIONAL | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2901 TELESTAR CT 140 | AddressLine1 |
| City | FALLS CHURCH | City |
| State | VA | State |
| ZIP Code | 22042 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | MANAGEMENT FEE | DescriptionOfServices |
| Compensation | 309720 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 54140 | FundraisingEvents |
| All Other Contributions | 518149 | AllOtherContributions |
| Noncash Contributions | 54140 | NoncashContributions |
| Total Contributions | 572289 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 49220 | TotalRevenueColumn |
| Exclusion | $49,220 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 34760 | TotalRevenueColumn |
| Exclusion | $34,760 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 54140 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 54140 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 54140 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 656269 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $83,980 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174315 | Total |
| Program Services | 47065 | ProgramServices |
| Management And General | 83671 | ManagementAndGeneral |
| Fundraising | 43579 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 135405 | Total |
| Program Services | 36559 | ProgramServices |
| Management And General | 64995 | ManagementAndGeneral |
| Fundraising | 33851 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 498 | Total |
| Management And General | 498 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12545 | Total |
| Management And General | 12545 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6817 | Total |
| Management And General | 6817 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93292 | Total |
| Program Services | 80900 | ProgramServices |
| Management And General | 10392 | ManagementAndGeneral |
| Fundraising | 2000 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27019 | Total |
| Fundraising | 27019 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44919 | Total |
| Program Services | 2293 | ProgramServices |
| Management And General | 25706 | ManagementAndGeneral |
| Fundraising | 16920 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62963 | Total |
| Management And General | 56990 | ManagementAndGeneral |
| Fundraising | 5973 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38112 | Total |
| Program Services | 13537 | ProgramServices |
| Management And General | 682 | ManagementAndGeneral |
| Fundraising | 23893 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18566 | Total |
| Management And General | 11899 | ManagementAndGeneral |
| Fundraising | 6667 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2215 | Total |
| Management And General | 2215 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|
| BAD DEBT EXPENSE | 302086 | 302086 | |
| STORAGE | 2371 | 2371 | |
| MISCELLANEOUS | 2247 | 2221 | 26 |
| INTERNET SERVICES | 1800 | 1800 | |
| DUES AND SUBSCRIPTION | 647 | 647 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 212 | Total |
| Program Services | 212 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 926029 | Total |
| Program Services | 180566 | ProgramServices |
| Management And General | 585535 | ManagementAndGeneral |
| Fundraising | 159928 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 196085 | BOY |
| EOY | 181295 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 59298 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2463000 | BOY |
| EOY | 2134420 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22215 | BOY |
| EOY | 3215 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 77779 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 64446 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11899 | BOY |
| EOY | 13333 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1477056 | BOY |
| EOY | 1643934 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4170255 | BOY |
| EOY | 4035495 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2335 | BOY |
| EOY | 12860 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2335 | BOY |
| EOY | 12860 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1550096 | BOY |
| EOY | 1563282 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2617824 | BOY |
| EOY | 2459353 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4167920 | BOY |
| EOY | 4022635 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4170255 | BOY |
| EOY | 4035495 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -269760 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 124475 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 731401 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 669744 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 542006 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 684267 | CurrentTaxYearMinus1Year |
| Current Tax Year | 572289 | CurrentTaxYear |
| Total | 3199707 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 731401 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 669744 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 542006 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 684267 | CurrentTaxYearMinus1Year |
| Current Tax Year | 572289 | CurrentTaxYear |
| Total | 3199707 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 3199707 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 113450 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 150685 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 50749 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 41455 | CurrentTaxYearMinus1Year |
| Current Tax Year | 49220 | CurrentTaxYear |
| Total | 405559 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2864 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3735 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3275 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 650 | CurrentTaxYearMinus1Year |
| Total | 10524 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 3615790 | TotalSupport |
| Public Support Pertcentage170 | 0.88490 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.88920 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4772 | OtherCostOrOtherBasis |
| Depreciation | 4772 | Depreciation |
| Book Value | 0 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 73007 | OtherCostOrOtherBasis |
| Depreciation | 59674 | Depreciation |
| Book Value | 13333 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 13333 | TotalOfBookValueLandBuildings |
| Total Revenue | 656269 | TotalRevenue |
| Total Expenses | 926029 | TotalExpenses |
| Excess Or Deficit For Year | -269760 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 124475 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 124475 | TotalAdjustments |
| Excess Or Deficit Per FS | -145285 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 780744 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 124475 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 124475 | RevenueNotRptdF990 |
| Revenue Subtotal | 656269 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 656269 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 926029 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 926029 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 926029 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. SHOULD ITS EXEMPT STATUS BE CHALLENGED IN THE FUTURE, THE FOUNDATION'S 2008, 2009, AND 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 108280 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 54140 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 54140 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 54140 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 108280 | GrossReceiptsTotal |
| Charitable Contributions Total | 54140 | CharitableContributionsTotal |
| Gross Revenue Total Events | 54140 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 54140 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 54140 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KATHRYN KELLAM | NamePerson |
| Base Compensation Filing Org | 155328 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 7750 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 1803 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 164881 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | FOR THE PURPOSES OF FORM 990 REPORTING, THE COMPENSATION FOR THE CEO OF THE FOUNDATION REPORTED ON THE FORM 990, PART VII WAS PAID AS PART OF REIMBURSEMENT EXPENSES INCLUDED ON FORM 990, PART IX, LINE 11A. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| KENNETH G GALLACHER | |||
| TRUSTEE | 309720 | MANAGEMENT FEE PAID TO GAMA INTERNATIONAL | 0 |
| JEFFREY R HUGHES | |||
| TRUSTEE | 309720 | MANAGEMENT FEE PAID TO GAMA INTERNATIONAL | 0 |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990, SCHEDULE L, PART IV | Identifier |
| Return Reference | EXPLANATION OF MANAGEMENT FEE PAID TO GAMA INTERNATIONAL | ReturnReference |
| Explanation | THE GENERAL AGENTS AND MANAGERS ASSOCIATION FOUNDATION HAS AN AGREEMENT WITH AN UNRELATED 501(C)(6) ORGANIZATION, GAMA INTERNATIONAL (GAMA INT'L), FOR WHICH GAMA INT'L PROVIDES MANAGEMENT SERVICES TO THE GENERAL AGENTS AND MANAGERS ASSOCIATION FOUNDATION. MR. KENNETH G. GALLACHER, BOARD PRESIDENT OF GAMA INTERNATIONAL RECEIVED NO COMPENSATION FROM THE FOUNDATION. JEFFREY R. HUGHES, CHIEF EXECUTIVE OFFICER OF GAMA INTERNATIONAL RECEIVED NO COMPENSATION FROM THE FOUNDATION. | Explanation |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | AUCTION ITEMS | Description |
| Number Of Contributions | 69 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 54140 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS OF THE FOUNDATION. THIS COMMITTEE SHALL BE CHAIRED BY THE CHAIRMAN OF THE FOUNDATION. THIS COMMITTEE SHALL BE EMPOWERED TO MAKE DECISIONS PERTINENT TO THE NORMAL OPERATION OF THE FOUNDATION. THE COMMITTEE ON FINANCE AND ADMINISTRATION SHALL BE CHAIRED BY THE TREASURER AND WILL, IN ADDITION TO THE TREASURER, HAVE (5) MEMBERS, THE CHAIRMAN, IMMEDIATE PAST CHAIRMAN, VICE CHAIRMAN AND THE GAMA INTERNATIONAL PRESIDENT AND THE GAMA INTERNATIONAL CHIEF EXECUTIVE OFFICER. THE COMMITTEE SHALL OVERSEE THE FINANCIAL ASSETS AND LIABILITIES OF THE FOUNDATION; PREPARE AND SUBMIT ANNUALLY TO THE BOARD OF TRUSTEES FOR CONSIDERATION A PROPOSED BUDGET FOR THE NEXT FISCAL YEAR; AND REVIEW THE FOUNDATION'S ANNUAL AUDIT AND EXPENSE AND INVESTMENT POLICIES, INCLUDING THE FOUNDATION'S ENDOWMENT FUND. THIS COMMITTEE SHALL BE RESPONSIBLE TO THE EXECUTIVE COMMITTEE OF THE FOUNDATION. | |
| FORM 990, PART VI, SECTION A, LINE 3 | THE GENERAL AGENTS AND MANAGERS ASSOCIATION FOUNDATION HAS AN AGREEMENT WITH AN UNRELATED 501(C)(6)ORGANIZATION, GAMA INTERNATIONAL (GAMA INT'L), FOR WHICH GAMA INT'L PROVIDES THE FOLLOWING SERVICES TO THE GAMA FOUNDATION: THE CEO OF THE FOUNDATION WORKS 100% FOR THE FOUNDATION BUT IS PAID BY GAMA INT'L. THE CEO HAS DIRECT ACCOUNTABILITY TO THE BOARD OF DIRECTORS OF THE FOUNDATION. GAMA INT'L ALSO PROVIDES ADDITIONAL STAFF SUPPORT FOR PROJECT MANAGEMENT, PROMOTION OF PROGRAMS, MARKETING AND COMMUNICATIONS SERVICES, FUNDRAISING ACTIVITIES, FINANCIAL AND ADMINISTRATIVE OVERSIGHT OF THE FOUNDATION'S POLICIES. IN ADDITION, THE FOUNDATION RECEIVES GENERAL SUPPORT FOR OPERATIONS, INFORMATION SERVICES, HUMAN RESOURCES AND LEGAL SERVICES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUTING FIRM AND IS REVIEWED BY THE CEO OF THE FOUNDATION AND THE SENIOR DIRECTOR OF FINANCE OF GAMA INTERNATIONAL. DRAFT IS ALSO REVIEWED BY THE FOUNDATION TREASURER AND THE FINANCE COMMITTEE PRIOR TO BEING FILED WITH THE IRS. THE FINAL COPY IS PRESENTED TO THE BOARD. | |
| THE POLICY AND ITS APPLICATION SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF TRUSTEES AND OFFICERS, EACH OF WHOM HAS A CONTINUING RESPONSIBILITY TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS OF INTEREST, AND MAKE SUCH DISCLOSURES AS DESCRIBED IN THIS POLICY. AS ADMINISTERED BY THE CHIEF EXECUTIVE, EACH TRUSTEE WILL BE ASKED TO COMPLETE A CERTIFICATION OF AGREEMENT WITH THE POLICY AND DISCLOSURE OF ANY KNOWN CONFLICTS OF INTEREST UPON HIS OR HER ELECTION OR RE-ELECTION TO THE BOARD AND ANNUALLY THEREAFTER. ALL CERTIFICATIONS SHALL BE REVIEWED BY THE BOARD AS APPROPRIATE. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE FOUNDATION BOARD OF DIRECTORS DETERMINE THE COMPENSATION OF THE FOUNDATION'S CEO. THE PROCESS OF DETERMINING COMPENSATOIN IS BASED ON COMPENSATOIN SURVEYS, WRITTEN EMPLOYEMENT CONTRACT AND APPROVAL BY THE BOARD OR EXECUTIVE COMMITTEE. | FORM 990, PART VI, SECTION B, LINE 15A | |
| THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. HOWEVER, THE FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 124,475. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR | OVERSIGHT OF THE AUDIT. THE PROCESS DID NOT CHANGE FROM PRIOR YEAR. | FORM 990, PART XII, LINE 2C |
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