2011-08-09T16:58:24-05:00 2010-12-31 LEGACY PROFESSIONALS LLP 311 S WACKER DRIVE STE 4000 CHICAGO IL 60606 990 2010-01-01 363717013 BRETHREN FOUNDATION INC BRET 8476950200 1505 DUNDEE AVENUE ELGIN IL 601201605 JOHN MCGOUGH 8476223381 2011-08-09 1 LEGACY PROFESSIONALS LLP 3123680500 2010 2016-02-24 21:20:13Z NEVIN DULABAUM 1505 DUNDEE AVENUE ELGIN IL 601201605 755266 0 X HTTP://WWW.BRETHRENBENEFITTRUST.ORG X 1990 IL SUPPORTS THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN BY OFFERING TRUST AND CUSTODIAL SERVICES FOR INVESTMENTS AND DEFERRED GIFTS. 12 12 0 0 9542 -2104 104112 0 704017 738543 14947 16723 6480 0 829556 755266 0 0 0 0 0 0 0 0 0 891395 804657 891395 804657 -61839 -49391 120729890 136046413 120039163 135346365 690727 700048 SUPPORTS THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN BY OFFERING TRUST AND MANAGEMENT SERVICES FOR INVESTMENTS AND DEFERRED GIFTS. 0 0 712822 729001 SUPPORTS THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN AND OTHER PERSONS AND GROUPS THAT SHARE SIMILAR VALUES BY OFFERING TRUST AND CUSTODIAL SERVICES FOR INVESTMENTS AND DEFERRED GIFTS. 712822 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 262 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JOHN MCGOUGH 8476950200 1505 DUNDEE AVENUE ELGIN IL 601201605 DEBORAH ROMARY 2.00 X 0 0 0 JANICE L BRATTON 2.00 X 0 0 0 KAREN O CRIM 2.00 X 0 0 0 MICHAEL LEITER 2.00 X 0 0 0 EUNICE CULP 2.00 X 0 0 0 CRAIG H SMITH 2.00 X 0 0 0 DONNA FORBES STEINER 2.00 X 0 0 0 JACK GRIM 2.00 X 0 0 0 ANN QUAY DAVIS 2.00 X 0 0 0 WAYNE SCOTT 2.00 X 0 0 0 CAROL ANN GREENWOOD 2.00 X 0 0 0 CAROL HESS 2.00 X 0 0 0 HARRY RHODES 2.00 X 0 0 0 NEVIN DULABAUM 40.00 X 0 126775 29152 SCOTT DOUGLAS 40.00 X 0 82904 18035 DONNA MARCH 40.00 X 0 79746 19193 STEVE MASON 40.00 X 0 99832 23760 CAROL DAVIS 2.00 X 0 0 0 JERRY RODEFFER 40.00 X 0 90057 22960 SANDY SCHILD 40.00 X 0 78249 25000 0 557563 138100 0 0 1 0 IRIDIAN ASSET MANAGEMENT 276 POST ROAD SOUTH SUITE 100 WESTPORT CT 06880 INVESTMENT MANAGEMENT 109135 BOSTON COMMON ASSET MANAGEMENT 84 STATE STREET SUITE 1000 BOSTON MA 02109 INVESTMENT MANAGEMENT 100088 2 SERVICE FEE REVENUE 525920 738543 729001 9542 738543 16723 16723 755266 729001 9542 16723 12077 12077 18000 18000 31163 31163 4209 4209 13578 13578 2250 2250 6672 6672 24806 24806 ALLOCATED ADMINISTRATIV 684460 616014 68446 SERVICE FEE EXPENSES 5389 5389 MISCELLANEOUS 2053 2053 804657 712822 91835 0 4445520 4889297 768335 763389 24806 3660 45794 45794 0 0 114952237 129835290 278572 287635 260420 267142 120729890 136046413 144634 165901 119894529 135180464 120039163 135346365 X 690727 700048 690727 700048 120729890 136046413 X -49391 58712 X X 0 1 1 X 0 X X X 0 0 0 CHURCH OF THE BRETHREN BENEFIT TRUST 366108275 501(C)(3) 1 1 1 804657 1 804657 9 32064 39330 370012 1 1 45794 45794 0 0 RELATED PARTY PAYABLES - NET 50520 INVESTMENTS HELD FOR OTHERS 131873940 ANNUITY OBLIGATIONS 3256004 135180464 755266 804657 -49391 58712 58712 9321 26120757 58712 25306779 25365491 755266 0 755266 10814884 10010227 10010227 804657 0 804657 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND FORM 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN. THE RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE APPLICABLE STATUTE OF LIMITATIONS EXPIRES. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACTIVITY OF THE MANAGED FUNDS HELD FOR OTHERS AND ANNUITY OBLIGATIONS REPORTED AS A DESIGNATED NET ASSET FOR FINANCIAL STATEMENT PURPOSES, REPORTED AS A LIABILITY ON THE FORM 990 PART XIII, LINE 2D - OTHER ADJUSTMENTS: SEE DESCRIPTION ABOVE FOR FORM 990 PART XII LINE 2D 0 0 0 0 0 0 0 0 0 NEVIN DULABAUM 0 125275 0 1500 0 0 0 15382 0 13770 0 155927 0 0 SUPPLEMENTAL INFORMATION PART III THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS COMPENSATED BY A RELATED ORGANIZATION. THE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BY-LAWS WERE UPDATED DURING THE YEAR. THE MAIN CHANGES TO THE BY-LAWS WERE: - THE ORGANIZATION DEFINED ITSELF AS A CORPORATION WITHOUT MEMBERS - THE OFFICERS OF THE ORGANIZATION WERE DEFINED AS PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PROVIDED TO THE ENTIRE BUDGET AND AUDIT REVIEW COMMITTEE FOR ITS REVIEW PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH MEMBER OF THE BOARD IS REQUIRED TO SIGN OFF ON THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 58,712. FORM 990, PART XII, LINE 2C THE BUDGET AND REVIEW COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. BRETHREN BENEFIT TRUST INC 1505 DUNDEE AVE ELGIN IL 60120 363668497 SEE PART VII IL 501(C)(3) 509(A)(3) 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 BRETHREN BENEFIT TRUST K 84182 FAIR MARKET VALUE BRETHREN BENEFIT TRUST M 137262 FAIR MARKET VALUE BRETHREN BENEFIT TRUST N 547198 FAIR MARKET VALUE BRETHREN BENEFIT TRUST O 695077 FAIR MARKET VALUE PART 2, COLUMN B PRIMARY ACTIVITY OF RELATED PARTY: TO SUPPORT THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN AND OTHER PERSONS AND GROUPS THAT SHARE SIMILAR VALUES BY OFFERING PROGRAMS THAT PROVIDE RETIREMENT AND MEDICAL BENEFITS TO MINISTERS, MISSIONARIES AND LAY EMPLOYEES OF CERTAIN CHURCHES AND CHURCH RELATED AGENCIES.