2011-01-27T07:58:44-06:00 2010-09-30 ROBERTSON EATON & OWEN PC 121 NORTH MAIN STREET ADRIAN MI 49221 990 2009-10-01 386095474 LENAWEE COMMUNITY FOUNDATION LENA 5174231729 PO BOX 142 TECUMSEH MI 49286 SUANN HAMMERSMITH 5174231729 2011-01-05 true GARY E OWEN 5172656154 2011-01-27 2009 2016-02-24 21:20:13Z SUANN HAMMERSMITH PO BOX 142 TECUMSEH MI 49286 2998328 false X WWW.LENAWEECF.COM X 1959 MI PROVIDE SCHOLARSHIPS AND GRANTS FOR CHARITABLE AND EDU- CATIONAL PURPOSES 13 13 4 97 0 781668 2588441 0 -1559935 402377 8895 7510 -769372 2998328 1286959 1064610 0 168444 168229 0 36475 63091 46839 1518494 1279678 -2287866 1718650 12817000 15385219 1036250 1447189 11780750 13938030 PROVIDE SCHOLARSHIPS AND GRANTS FOR CHARITABLE AND EDU- CATIONAL PURPOSES false false 96698 96698 PROVIDING EDUCATIONAL SCHOLARSHIPS TO ELIGIBLE STUDENTS FROM LENAWEE COUNTY 1105234 967912 RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE, EDUCATIONAL,AND SCIENTIFIC PURPOSES, INCLUDING, BUT NOT LIMITED TO THE PROMOTION AND SUPPORT OF EDUCATION, COMMUNITY DEVELOPMENT, ART AND CULTURE, HEALTH SOCIAL SERVICE AND CIVIC AFFAIRS. ALSO, PROVIDE INTERNAL PROGRAM SERVICES- GRANT MAKING FOR NON-PROFIT PROGRAMS AND CAPACITY BUILDING; LENAWEE YOUTH COUNCIL; LENAWEE YOUTH LEADERSHIP; VOLUNTEER LENAWEE;LENAWEE IMAGINATION LIBRARY; HUNTERS HELPING LENAWEE 1201932 true true false false true false false true true true true false false false false false false false false false false true true false false false false false false false false true false false false false false false false false false true 1 0 true 4 true false false false false false true true false false false false false false 13 13 false false false false false false false true true false false true true true true true true true true false MI X X SUANN HAMMERSMITH 5174231729 603 N EVANS STREET TECUMSEH MI 49286 DAVID HICKMAN X X 0 0 0 CHARLES GROSS X X 0 0 0 SCOTT HILL X X 0 0 0 JIM KAPNICK X 0 0 0 FRANK DICK X 0 0 0 SUSAN GOLDSEN X 0 0 0 DR CARLTON COOK X X 0 0 0 SHEILA SCHWARTZ X 0 0 0 BREINNE REEDER X 0 0 0 ERNIE GROEB X 0 0 0 BOB VOGEL X 0 0 0 ELI FRANCOUER X 0 0 0 JACK PATTERSON X 0 0 0 SUANN HAMMERSMITH 40.00 X 80342 0 11193 80342 11193 false false false 2588441 2588441 359573 359573 5829450 5786646 42804 42804 42804 FEES AND FUNDRAISER INCOME 7510 7510 7510 2998328 409887 967912 967912 96698 96698 135474 86703 25740 23031 22201 14209 4218 3774 10554 6755 2005 1794 351 224 67 60 3458 2213 657 588 2778 1778 528 472 505 505 2199 1407 418 374 PRINTING 9359 5990 1778 1591 DUES AND SUBSCRIPTIONS 5289 3385 1005 899 CONTRACTED SERVICES 5070 3245 963 862 OFFICE SUPPIES 4946 3165 940 841 POSTAGE 4154 2659 789 706 8730 5589 1658 1483 1279678 1201932 41271 36475 36211 30148 297296 338259 467588 1815 466279 465773 12017214 14551039 12817000 15385219 3602 3696 951584 1443493 81064 1036250 1447189 X 171161 238872 10015368 11994315 1594221 1704843 11780750 13938030 12817000 15385219 X false true true X false X 1530647 3002307 2112469 781668 2588441 10015532 1530647 3002307 2112469 781668 2588441 10015532 3025080 6990452 151448 342608 433496 407213 359573 1694338 20319 8895 7510 36724 11746594 367083 0.59510 0.60270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11 65 354468 1025746 53514 76743 1023299 4052655 true true false false false false true 11609589 1443280 1066839 203374 166693 50483 13699158 11844261 558120 120607 691926 179195 42278 11609589 0.12440 0.87560 false false false 7589 1815 5774 460000 460000 465774 2998328 1279678 1718650 930539 -336972 593567 2312217 2789812 930539 63495 -1202550 -208516 2998328 2998328 477595 63495 -865578 -802083 1279678 1279678 ESCROW LIABILITY ARRANGEMENT EXPLANATION SCHEDULE D, PAGE 2, PART IV, LINE 2B LENAWEE COMMUNITY FOUNDATION RECEIVES FUNDS FOR THE BENEFIT AND SUPPORT OF NONPROFIT (IRS CODE 501(C)3)ORGANIZATIONS. ALSO, THE FOUNDATION SERVES AS AN AGENT IN HANDLING FUNDS FOR SPECIAL PROJECTS WHICH BENEFIT THE COMMUNITY. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 REVENUE RELATED TO AGENCY ACTIVITY -1,202,550 EXPENSES RELATED TO AGENCY ACTIVITY 865,578 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D REVENUE RELATED TO AGENCY ACTIVITY -1,202,550 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D EXPENSES RELATED TO AGENCY ACTIVITY -865,578 true BOYS & GIRLS CLUB OF LENAWEE 327 ERIE ST ADRIAN MI 49221 383558470 3 39412 YOUTH PROGRAMS CITY OF HUDSON 121 N CHURCH ST HUDSON MI 49247 GOV 18369 CIVIC/COMMUNITY COMMUNITY ARTS OF TECUMSEH 7960 ST ANDREWS DR TECUMSEH MI 49286 386095474 3 10000 FINE ARTS DEERFIELD PUBLIC SCHOOLS 252 DEERFIELD RD DEERFIELD MI 49238 GOV 308003 CAPITAL PROJECTS FAMILY COUNSELING & CHIL SERV 220 N MAIN ST ADRIAN MI 49221 381660960 3 9000 HUMAN SERVICES HERRICK MEDICAL CENTER FOUND 500 E POTTAWATAMIE ST TECUMSEH MI 49286 383076106 3 11455 HEALTH SERVICES LEN EMERG & AFFORD HOUS CORP PO BOX 692 ADRIAN MI 49221 383091170 3 7000 HOMELESS/HOUSING LENAWEE CHRISTIAN MINISTRIES 111 WOLF CREEK HWY ADRIAN MI 49221 382602775 3 10000 EDUCATION DISABLED AMERICAN VETERANS 141 E ALBERT ST ADRIAN MI 49221 386079625 4 12469 CAPITAL PROJECTS LEN CO EDUCATION FOUND 4107 N ADRIAN HWY ADRIAN MI 49221 382644523 3 11374 YOUTH PROGRAMS LEN ECON DEVEL CORP 5285 W US HWY 223 ADRIAN MI 49221 382644523 6 55000 ECONOMIC DEVEL. ST VINCENT DE PAUL SOCIETY 415 ORMSBY ST ADRIAN MI 49221 270725997 3 7000 FOOD PANTRY TECUMSEH PUBLIC SCHOOLS 212 N OTTAWA ST TECUMSEH MI 49286 GOV 15000 CAPITAL PROJECTS TECUMSEH SERVICE CLUB 9466 STONE HWY TECUMSEH MI 49286 386090100 3 20000 BASIC NEEDS 12 2 SCHOLARSHIPS 116 96698 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS- GRANT RECIPIENTS ARE REQUIRED TO PROVIDE REPORTS TO THE FOUNDATION THAT PROVIDE PROGRAM AND BUDGET INFORMATION. ALL SCHOLARSHIP AWARDS ARE PAYABLE TO A COLLEGE OR UNIVERSITY, SO IF THE STUDENT IS NOT ENROLLED, THE FUNDS ARE REFUNDED TO THE FOUNDATION. DAVID HICKMAN BANK BD DIRECTO 145802 INVEST. FEES TO BANK false SCOTT HILL BANK BD DIRECTO 145802 INVEST. FEES TO BANK false ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11 A COPY OF THE FIRST THREE PAGES OF THE FORM 990 WAS INCLUDED IN THE BOARD PACKET MAILED TO EACH DIRECTOR PRIOR TO THE JANUARY MEETING, A COPY OF THE FULL FORM 990 WAS SCANNED AND E-MAILED TO EACH DIRECTOR FOR HIS/HER REVIEW. AT THE JANUARY BOARD MEETING, THE FULL BOARD OF DIRECTORS APPROVED SUBMISSION OF THE FORM 990 TO THE IRS. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS SIGNS A CONFLICT OF INTEREST STATEMENT AND PROVIDES A LIST OF DISCLOSURES WHERE THERE MAY BE A POTENTIAL CONFLICT OF INTEREST. FOUNDATION DIRECTORS ABSTAIN FROM VOTING WHEN THERE IS A POSSIBLE CONFLICT OF INTEREST, AND IT IS DOCUMENTED IN THE MINUTES OF THE MEETING. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT AND CEO'S COMPENSATION IS DETERMINED BY CONDUCTING A FORMAL WRITTEN AND VERBAL EVALUATION TO DETERMINE IF GOALS HAVE BEEN MET;REVIEWING THE BUDGET TO DETERMINE FUNDS AVAILABLE FOR SALARIES; OBTAINING DATA ON CHANGES TO THE NATIONAL COST OF LIVING; AND REVIEWING COMPARABLE SALARIES AS SURVEYED BY THE COUNCIL OF MICHIGAN FOUNDATIONS, THE NATIONAL COUNCIL ON FOUNDATIONS, AND A LOCAL SALARY AND BENEFITS SURVEY. THE EXECUTIVE COMMITTEE CONDUCTS THE FORMAL EVALUATION OF THE PRESIDENT & CEO, REPORTS ON THIS EVALUATION TO THE FULL BOARD OF DIRECTORS, AND MAKES A RECOMMENDATION FOR THE SALARY ADJUSTMENT. THE FULL BOARD VOTES ON ANY CHANGES IN SALARY. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR ALL EMPLOYEES OTHER THAN THE PRESIDENT & CEO, WAS DETERMINED BY THE PRESIDENT & CEO, AFTER FORMAL WRITTEN AND VERBAL EVALUATIONS, REVIEW OF THE MONIES AVAILABLE IN THE BUDGET APPROVED BY THE BOARD, REVIEW OF THE COST OF LIVING ADJUSTMENT, AND REVIEWING COMPARABLE SALARIES FOR THE POSITIONS IN LOCAL, STATE AND NATIONAL SURVEYS. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO INTERESTED PARTIES UPON REQUEST. ADDITIONALLY, THE FOUNDATION INCLUDES A STATEMENT OF FINANCIAL POSITION AND A STATEMENT OF ACTIVITIES IN THE ANNUAL REPORT, AND STATES THAT INDIVIDUALS CAN CONTACT THE FOUNDATION OFFICE TO RECEIVE A FULL COPY OF THE ANNUAL AUDIT. ADDITIONAL INFORMATION SCHEDULE O SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS- A TOTAL OF 145,802 WAS PAID IN INVESTMENT MANAGER FEES TO THE WEALTH MANAGEMENT GROUP OF UNITED BANK & TRUST. DAVID HICKMAN AND SCOTT HILL SERVE ON THE BOARDS OF BOTH UNITED BANK & TRUST AND THE LENAWEE COMMUNITY FOUNDATION. THIS IS DISCLOSED BY EACH DIRECTOR IN THE CONFLICT OF INTEREST STATEMENTS WHICH ARE SIGNED ANNUALLY. THERE IS ALSO A FOOTNOTE OF THE LENAWEE COMMUNITY FOUNDATION AUDIT THAT STATES HOLDINGS OF THE DIRECTORS IN AGGREGATE REPRESENT LESS THAN 5% OF BANK EQUITY. ADDITIONALLY, THE LENAWEE COMMUNITY FOUNDATION INVESTMENT COMMITTEE REVIEWS INVESTMENT MANAGERS QUARTERLY, AND ASSURES THAT NATIONALLY RECOGNIZED BENCHMARKS ARE MET.