2011-08-15T06:26:32-04:00 2010-12-31 BDO USA LLP 200 OTTAWA AVE NW STE 300 GRAND RAPIDS MI 49503 990 2010-01-01 382190667 COMMUNITY FOUNDATION OF GREATER FLINT COMM 8107678270 500 S SAGINAW STREET FLINT MI 48502 KATHI HORTON 2011-08-15 Richard Noreen 6167747000 2010 2016-02-24 21:20:13Z KATHI HORTON 40321134 false X WWW.CFGF.ORG X 1988 MI THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS GRANTMAKING TO CHARITABLE ORGANIZATIONS, DEVELOPMENT OF ENDOWMENT, AND COMMUNITY LEADERSHIP ACTIVITIES. 21 21 14 200 0 4900233 4571814 30045 28414 -1431457 4822483 0 3498821 9422711 3340783 2954697 0 1149661 1035009 0 394078 890787 1025200 5381231 5014906 -1882410 4407805 110923269 120859064 724095 686176 110199174 120172888 THE ORGANIZATION SERVES THE COMMON GOOD IN GENESEE COUNTY- BUILDING A STRONG COMMUNITY BY ENGAGING PEOPLE IN PHILANTHROPY AND DEVELOPING THE COMMUNITY'S PERMANENT ENDOWMENT- NOW AND FOR GENERATIONS TO COME. false false 3448520 2954697 GRANTS AND DIRECT FUND EXPENSES 459893 PROGRAMS AND GRANTS ADMINISTRATION 99632 28414 INVESTMENT SERVICES 4008045 true true false false true false false false true true true false false true true false true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false false true 7 0 14 true false true CJ false false false false false false false false false false false X 21 21 false false false false false false false true true false false false true true true true true true true false MI X X MARY ITTIGSON 8107678270 500 S SAGINAW STREET STE 200 FLINT MI 48502 SHERYL E STEPHENS 5.0 X X 0 0 0 TIMOTHY H KNECHT 2.0 X X 0 0 0 DANIEL J COFFIELD 2.0 X X 0 0 0 SHANNON M EASTER WHITE 2.0 X X 0 0 0 SAMUEL J COX 1.0 X 0 0 0 F JAMES CUMMINS 2.0 X 0 0 0 TROY S FARAH 1.0 X 0 0 0 JANICE L GENSEL 1.0 X 0 0 0 NANCY J HANFLIK 2.0 X 0 0 0 STANLEY R LIBERTY 1.0 X 0 0 0 BOBBY B MUKKAMALA 2.0 X 0 0 0 IRA A RUTHERFORD III 1.0 X 0 0 0 LORI A TALLMAN 2.0 X 0 0 0 SUSAN L TIPPETT 2.0 X 0 0 0 LAWRENCE E MOON 2.0 X 0 0 0 DOUGLAS B VANCE 2.0 X 0 0 0 STEPHEN ARELLANO 1.0 X 0 0 0 WANDA HARDEN 1.0 X 0 0 0 DAVID LOSSING 1.0 X 0 0 0 T ARDELE SHALTZ 1.0 X 0 0 0 KAREN WILLIAMS WEAVER 1.0 X 0 0 0 AN-ME CHUNG 1.0 X 0 0 0 KATHI HORTON 40.0 X 154452 0 9513 MARY ITTIGSON 40.0 X 101274 0 9760 255726 0 19273 2 false true false HAMMOND ASSOCIATES 101 S HANLEY RD 3RD FLOOR ST LOUIS MO 63015 100010 1 4571814 2188258 4571814 MANAGEMENT FEES 900099 28414 28414 28414 2250877 2250877 0 0 33470029 30898423 2571606 2571606 0 0 0 0 9422711 28414 2250877 2954697 2954697 0 0 0 856030 371613 225547 258870 0 0 47097 20790 12808 13499 65867 29089 17416 19362 66015 29293 17696 19026 0 23922 23922 24425 24425 0 0 100046 99632 414 142995 123145 19850 14844 14844 51564 1115 42990 7459 30948 663 28727 1558 0 119018 119018 4861 2073 1335 1453 0 10113 2775 4849 2489 0 0 57849 57849 0 FUND ACTIVITY EXPENSE 150678 150678 DUES AND SUBSCRIPTIONS 22528 2265 6193 14070 DONOR DEVELOPMENT 35150 35150 MISCELLANEOUS 16259 217 9744 6298 GRANT FUNDS RETURNED 220000 220000 5014906 4008045 612783 394078 378671 1409007 75640 85575 61004 48087 70540 68733 632107 166724 521617 465383 71150693 71025331 38665104 47756948 110923269 120859064 139713 190397 392999 333234 191383 162545 724095 686176 X 39379619 13325757 10970182 42742557 59849373 64104574 110199174 120172888 110923269 120859064 X 4407805 5565909 X X false true true X false X 4958220 4098886 3624089 4900233 4571814 22153242 4958220 4098886 3624089 4900233 4571814 22153242 10832573 11320669 2565080 3122494 2651137 2321376 2250877 12910964 35064206 149933 0.32286 0.33200 X THE COMMUNITY FOUNDATION OF GREATER FLINT MEETS THE "FACTS AND CIRCUMSTANCES" TEST AS OUTLINED IN TREASURY REGULATIONS SECTION 1.170A-9T(F)(3) AS FOLLOWS. THE ORGANIZATION HAS CONSISTENTLY MAINTAINED A PUBLIC SUPPORT PERCENTAGE GREATER THAN 33 1/3. WHILE THE ORGANIZATION HAS NOT MET THE 33 1/3 PERCENT PUBLIC SUPPORT CRITERIA FOR 2009 AND 2010, THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE HAS REMAINED ABOVE 32 PERCENT FOR BOTH YEARS AND THE ORGANIZATION HAS CONTINUOUSLY SATISFIED THE TEN PERCENT SUPPORT CRITERIA SET FORTH IN THE TREASURY REGULATIONS. THE ORGANIZATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY. THE ORGANIZATION REGULARLY PARTICIPATES IN SOLICIATION AND FUNDRAISING ACTIVITIES TO GENERATE CONTRIBUTIONS FROM INDIVIDUALS AND ORGANIZATIONS OF THE GENERAL PUBLIC. THE BOARD OF TRUSTEES IS BROADLY REPRESENTIVE OF THE COMMUNITY AND SUBSTANTIALLY ALL TRUSTEES OFFER FINANCIAL SUPPORT TO THE ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35 228 636948 3303674 710983 1786354 3501478 67061573 true true 107021534 3977221 9948845 3082130 29505 817689 117018276 96395482 4258901 10466999 2552334 695238 852276 107021534 114641871 2590177 -15902470 3135320 756848 1041928 96395482 0.08720 0.54780 0.36500 false false 381411 51470 329941 246783 115254 131529 3913 3913 465383 20890958 F 26865990 F 47756948 0 DEFERRED GIFTS PAYABLE 162545 162545 9422711 5014906 4407805 5472013 -66608 5405405 9813210 14768469 5472013 -20518 5451495 9316974 105737 105737 9422711 4955259 4955259 59647 59647 5014906 INTENDED USE'S OF THE ORGANIZATION'S ENDOWMENT FUNDS PART V, LINE 4 TERM ENDOWMENT FUNDS ARE NET ASSETS RESULTING FROM CONTRIBUTIONS WHOSE USE BY THE ORGANIZATION IS LIMITED BY DONER-IMPOSED STIPULATIONS THAT EITHER EXPIRE BY PASSAGE OF TIME OR CAN BE FULFILLED AND REMOVED BY ACTIONS OF THE ORGANIZATION PURSUANT TO THOSE STIPULATIONS. PERMANENT ENDOWMENT FUNDS CONSIST OF RESOURCES OF WHICH THE USE BY THE ORGANIZATION IS LIMITED BY DONOR-IMPOSED RESTRICTIONS WHICH REQUIRE THAT HISTORIC GIFTS MAY NEVER BE SPENT. THE ORGANIZATION'S EARNINGS ON PERMANENTLY RESTRICTED NET ASSETS ARE CLASSIFIED AS TEMPORARILY RESTRICTED UNTIL APPROPRIATED FOR EXPENDITURE BASED ON THE TERMS OF THE ORIGINAL GIFT AGREEMENT, UNLESS AS IN SOME CASES, THE DONOR'S GIFT INSTRUMENT FURTHER REQUIRES THAT ANY APPRECIATION OF THE HISTORIC GIFT VALUE BE PERMANENTLY RESTRICTED. ALL OTHER DESIGNATED ENDOWMENTS HAVE BEEN CLASSIFIED AS UNRESTRICTED, BOARD-DESIGNATED. ACCOUNTING FOR UNCERTAINTY OF INCOME TAXES PART X, LINE 2 THE COMMUNITY FOUNDATION APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD FOR ALL TAX UNCERTAINTIES. ASC TOPIC 740 ONLY ALLOWS THE RECOGNITION OF THOSE TAX BENEFITS THAT HAVE A GREATER THAN FIFTY PERCENT LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. BASED ON ITS EVALUATION, THE COMMUNITY FOUNDATION HAS CONCLUDED THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE COMMUNITY FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) FOR 1986. THE COMMUNITY FOUNDATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTIONS 509(A)(L) AND 170(B)(A)(VI) OF THE IRC. OTHER ADJUSTMENTS - RECONCILIATION OF CHANGE IN NET ASSETS PART XI, LINE 8 CHANGE IN MARKET VALUE OF SPLIT-INTEREST: -20,518 AGENCY FUND NET ACTIVITY: -46,090 OTHER ADJUSTMENTS - RECONCILIATION OF REVENUE PART XII, LINE 2D CHANGE IN SPLIT INTEREST VALUE: -20,518 OTHER ADJUSTMENTS - RECONCILIATION OF REVENUE PART XII, LINE 4B AGENCY FUND REVENUE: 105,737 OTHER ADJUSTMENTS - RECONCILIATION OF EXPENSES PART XIII, LINE 4B AGENCY FUND EXPENSES: 59,647 true A G A BOOSTER CLUB 6210 LEHMAN DRIVE FLINT MI 48507 383537379 501(C)(3) 6750 OPERATIONS/ PROGRAM AMERICAN ARAB HERITAGE COUNCIL 416 N SAGINAW ST FLINT MI 48502 382810236 501(C)(3) 7000 OPERATIONS/ PROGRAM AMERICAN LUNG ASSOCIATION OF MICHIGAN 12751 S SAGINAW ST GRAND BLANC MI 48439 383054176 501(C)(3) 32089 OPERATIONS/ PROGRAM AMERICAN RED CROSS GENESEE-LAPEER CHAPTERS 1401 SOUTH GRAND TRAVERSE FLINT MI 48503 381359185 501(C)(3) 72500 OPERATIONS/ PROGRAM ATWOOD STADIUM AUTHORITY 900 SOUTH SAGINAW STREET FLINT MI 48502 352290868 170(C)(1) 77972 OPERATIONS/ PROGRAM BAKER COLLEGE 1050 WEST BRISTOL ROAD FLINT MI 48507 381948719 501(C)(3) 5800 SCHOLARSHIP SUPPORT BIG BROTHERSBIG SISTERS OF GREATER FLINT 410 EAST SECOND STREET FLINT MI 48503 382259541 501(C)(3) 11833 OPERATIONS/ PROGRAM BOYS AND GIRLS CLUB OF GREATER FLINT PO BOX 223 FLINT MI 48501 383381808 501(C)(3) 20862 OPERATIONS/ PROGRAM CENTRAL MICHIGAN UNIVERSITY 205 WARRINER MT PLEASANT MI 48859 386004447 170(C)(1) 9100 SCHOLARSHIP SUPPORT CHARLES STEWART MOTT COMMUNITY COLLEGE 1401 EAST COURT STREET FLINT MI 48503 382673057 501(C)(3) 26248 SCHOLARSHIP SUPPORT CHRIST ENRICHMENT CENTER INC 322 EAST HAMILTON AVENUE FLINT MI 48505 010803184 501(C)(3) 47401 OPERATIONS/ PROGRAM CITY OF FLINT 1101 SOUTH SAGINAW STREET FLINT MI 48502 386004611 170(C)(1) 6226 OPERATIONS/ PROGRAM CLARKSTON ATHLETIC BOOSTERS 5329 GREENVIEW DRIVE CLARKSTON MI 48348 382754176 501(C)(3) 9000 OPERATIONS/ PROGRAM CILO AREA SCHOOLS 430 NORTH MILL STREET CILO MI 48420 386008356 170(C)(1) 6838 OPERATIONS/ PROGRAM COUNCIL OF MICHIGAN FOUNDATIONS ONE SOUTH HARBOR AVE GRAND HAVEN MI 49417 386263347 501(C)(3) 9100 OPERATIONS/ PROGRAM COUNCIL ON FOUNDATIONS 2121 CRYSTAL DRIVE ARLINGTON VA 22202 136068327 501(C)(3) 12470 OPERATIONS/ PROGRAM COURT STREET UNITED METHODIST CHURCH 225 WEST COURT STREET FLINT MI 485021183 381359197 501(C)(3) 27390 OPERATIONS/ PROGRAM EASTER SEALS-MICHIGAN INC 2399 E WALTON BLVD AUBURN HILLS MI 48326 381402860 501(C)(3) 113183 OPERATIONS/ PROGRAM EDUCATION FDN FOR THE FLINT COMMUNITY SCHOOLS 923 EAST KEARSLEY STREET PO BOX 13443 FLINT MI 48501 261289650 501(C)(3) 17500 OPERATIONS/ PROGRAM FAITH LUTHERAN CHURCH BOY SCOUT TROOP 335 12534 HOLLY ROAD GRAND BLANC MI 48439 381814617 501(C)(3) 9000 OPERATIONS/ PROGRAM FIRST PRESBYTERIAN CHURCH 746 S SAGINAW ST FLINT MI 48502 381359204 501(C)(3) 18379 OPERATIONS/ PROGRAM FLINT CHILDREN'S MUSEUM 1602 WEST UNIVERSITY AVENUE FLINT MI 48504 382329711 501(C)(3) 52211 OPERATIONS/ PROGRAM FLINT COMMUNITY SCHOOLS 923 EAST KEARSLEY STREET FLINT MI 48503 386001185 170(C)(1) 5100 OPERATIONS/ PROGRAM FLINT CULTURAL CENTER CORPORATION 1310 EAST KEARSLEY STREET FLINT MI 48503 386089075 501(C)(3) 549472 OPERATIONS/ PROGRAM FLINT HOUSING COMMISSION 3820 RICHFIELD ROAD FLINT MI 48506 382264120 170(C)(1) 18055 OPERATIONS/ PROGRAM FLINT INSTITUTE OF ARTS 1120 EAST KEARSLEY STREET FLINT MI 48503 381539984 501(C)(3) 211091 OPERATIONS/ PROGRAM FLINT INSTITUTE OF MUSIC 1025 EAST KEARSLEY STREET FLINT MI 48503 386159482 501(C)(3) 476962 OPERATIONS/ PROGRAM FLINT JEWISH FEDERATION 619 WALLENBERG STREET FLINT MI 48502 381359257 501(C)(3) 11982 OPERATIONS/ PROGRAM FLINT ROTARY CHARITABLE FOUNDATION 2481 DELWOOD DRIVE CLIO MI 48420 382125941 501(C)(3) 13619 OPERATIONS/ PROGRAM FOUNDATION FOR MOTT COMMUNITY COLLEGE 1401 EAST COURT STREET FLINT MI 485032089 382673057 501(C)(3) 5691 OPERATIONS/ PROGRAM GENESEE CHAMBER FOUNDATION 519 S SAGINAW ST STE 200 FLINT MI 48502 237420247 501(C)(3) 30000 OPERATIONS/ PROGRAM GENESEE COUNTY HEALTH DEPARTMENT 630 SOUTH SAGINAW STREET FLINT MI 48502 386004849 170(C)(1) 67502 OPERATIONS/ PROGRAM GENESEE COUNTY LAND BANKGENESEE COUNTY 452 SOUTH SAGINAW STREET FLINT MI 48502 611480273 170(C)(1) 24900 OPERATIONS/ PROGRAM GENESEE COUNTY PARKS & RECREATION COMMISSION 5045 EAST STANLEY ROAD FLINT MI 48506 386004849 170(C)(1) 5696 OPERATIONS/ PROGRAM GENESEE HEALTH PLAN G-3169 BEECHER ROAD FLINT MI 485323645 383625439 501(C)(3) 24400 OPERATIONS/ PROGRAM GENESEE INTERMEDIATE SCHOOL DISTRICT 2413 WEST MAPLE AVENUE FLINT MI 485073493 381714600 170(C)(1) 65500 OPERATIONS/ PROGRAM GENESYS HEALTH FOUNDATION ONE GENESYS PARKWAY GRAND BLANC MI 48439 383591148 501(C)(3) 25000 OPERATIONS/ PROGRAM GIRL SCOUTS OF SOUTHEASTERN MICHIGAN 500 FISHER BUILDING 3011 WEST GRAND BLVD DETROIT MI 482023012 381598947 501(C)(3) 33424 OPERATIONS/ PROGRAM GRAND VALLEY STATE UNIVERSITY 1 CAMPUS DRIVE 100 STUDENT SERVICES BUILDING ALLENDALE MI 494019403 381684280 501(C)(3) 10500 SCHOLARSHIP SUPPORT GREATER FLINT ARTS COUNCIL 816 SOUTH SAGINAW STREET FLINT MI 48502 382156116 501(C)(3) 5236 OPERATIONS/ PROGRAM GREATER FLINT HEALTH COALITION 519 S SAGINAW STREET FLINT MI 48502 383301514 501(C)(3) 70000 OPERATIONS/ PROGRAM HUNDRED CLUB OF FLINT 11405 FAWN VALLEY TRAIL FENTON MI 48430 382091735 501(C)(3) 10168 OPERATIONS/ PROGRAM HURLEY FOUNDATION ONE HURLEY PLAZA FLINT MI 485035993 383085047 501(C)(3) 35600 OPERATIONS/ PROGRAM INSIGHT CONNEXION INC 1110 ELDON BAKER DRIVE FLINT MI 48507 382242037 501(C)(3) 29486 OPERATIONS/ PROGRAM JEWISH COMMUNITY SERVICES 619 WALLENBERG STREET FLINT MI 48502 382752384 501(C)(3) 6588 OPERATIONS/ PROGRAM LEGAL SERVICES OF EASTERN MICHIGAN 436 SOUTH SAGINAW STREET FLINT MI 48502 381958131 501(C)(3) 24500 OPERATIONS/ PROGRAM MICHIGAN STATE UNIVERSITY 252 STUDENT SERVICES EAST LANSING MI 48824 386005984 170(C)(1) 16500 SCHOLARSHIP SUPPORT MOTHERLY INTERCESSION INC PO BOX 311109 FLINT MI 48531 383571422 501(C)(3) 9160 OPERATIONS/ PROGRAM MT HOLLY SKI PATROL 2350 GREENWOOD LANE GRAND BLANC MI 48439 237241210 501(C)(3) 8100 OPERATIONS/ PROGRAM OLIVET NAZARENE UNIVERSITY ONE UNIVERSITY AVENUE BOURBONNAIS IL 60914 362191252 501(C)(3) 8100 SCHOLARSHIP SUPPORT PLANNED PARENTHOOD MID AND SOUTH MICHIGAN 3100 PROFESSIONAL DRIVE PO BOX 3673 ANN ARBOR MI 48106 381707521 501(C)(3) 6166 OPERATIONS/ PROGRAM QUALITY LIVING SYSTEMS MANAGEMENT CORPORATION 3717 VAN SLYKE ROAD FLINT MI 48507 382401686 501(C)(3) 8938 OPERATIONS/ PROGRAM SAGINAW VALLEY STATE UNIVERSITY CASHIERS OFFICE UNIVERSITY CENTER SAGINAW MI 48710 381798800 501(C)(3) 5500 SCHOLARSHIP SUPPORT SALEM HOUSING COMMUNITY DEVELOPMENT CORPORATION 3216 MARTIN LUTHER KING AVE FLINT MI 48505 382603951 501(C)(3) 10250 OPERATIONS/ PROGRAM TALL PINE COUNCIL BOY SCOUTS OF AMERICA 507 WEST ATHERTON ROAD FLINT MI 48507 381357988 501(C)(3) 8227 OPERATIONS/ PROGRAM THE REGENTS OF THE UNIVERSITY OF MICHIGAN 2074 FLEMING ADMIN ANN ARBOR MI 48109 386006309 170(C)(1) 39010 OPERATIONS/ PROGRAM UNITED WAY OF GENESEE COUNTY PO BOX 949 FLINT MI 48501 381359516 501(C)(3) 134328 OPERATIONS/ PROGRAM UNIVERSITY OF MICHIGAN 2011 SAB ANN ARBOR MI 481091316 386006309 170(C)(1) 18500 SCHOLARSHIP SUPPORT UNIVERSITY OF MICHIGAN-FLINT 303 EAST KEARSLEY STREET FLINT MI 48502 386006309 170(C)(1) 28400 SCHOLARSHIP SUPPORT UNIVERSITY OUTREACH-THE UNIVERSITY OF MI-FLINT 432 NORTH SAGINAW STREET SUITE 1001 FLINT MI 48502 386006309 170(C)(1) 8696 OPERATIONS/ PROGRAM VSA MICHIGAN 1920 25TH STREET SUITE B DETROIT MI 482161435 382690117 501(C)(3) 22300 OPERATIONS/ PROGRAM WHALEY CHILDREN'S CENTER 1201 N GRAND TRAVERSE FLINT MI 48503 381358235 501(C)(3) 41799 OPERATIONS/ PROGRAM YOUNG LIFE OF GENESEE COUNTY 10801 S SAGINAW ST BUILDING D SUITE C GRAND BLANC MI 48439 840385934 501(C)(3) 24600 OPERATIONS/ PROGRAM YWCA OF GREATER FLINT 310 EAST THIRD STREET FLINT MI 48502 381360597 501(C)(3) 19776 OPERATIONS/ PROGRAM 64 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE ORGANIZATION REQUIRES REPORTS FROM ALL GRANTEES REGARDING THE USE OF FUNDS. AT A MINIMUM, REPORTS ARE SUBMITTED AT THE END OF THE GRANT PERIOD; HOWEVER, REPORTS ARE REQUESTED MORE FREQUENTLY DEPENDING UPON THE SPECIFIC STRUCTURE OF THE GRANT OR PROJECT. X true false X X X X false false false false false false false false false KATHI HORTON 151598 0 0 0 2854 0 7791 0 1722 0 163965 0 0 0 ADDITIONAL COMPENSATION INFORMATION PART I, LINE 1A THE COMMUNITY FOUNDATION WILL NOT PAY OR REIMBURSE FOR ANY HEALTH OR SOCIAL CLUB DUES OR INITIATION/MEMBERSHIP FEES. SHOULD THE COMMUNITY FOUNDATION HAVE A GOLF COURSE OR OTHER TYPE OF DINING ROOM MEMBERSHIP, IT IS INTENDED TO BE USED FOR BUSINESS RELATED MEETINGS. ANY PERSONAL, NON-BUSINESS RELATED USE OF SUCH DINING MEMBERSHIP MUST BE APPROVED IN ADVANCE BY THE PRESIDENT, AND THE EMPLOYEE MUST REIMBURSE THE COMMUNITY FOUNDATION FOR SUCH USE NO LATER THAN FIVE (5) BUSINESS DAYS AFTER RECEIPT OF THE BILL. THE COMMUNITY FOUNDATION DOES HAVE A DINING MEMBERSHIP AT A GOLF CLUB; HOWEVER, THE MEMBERSHIP IS IN THE PRESIDENT'S NAME DUE TO THE FACT THE GOLF CLUB DOES NOT ALLOW BUSINESSES TO HAVE A MEMBERSHIP. THE POLICY NOTED ABOVE IS FOLLOWED AND CLOSELY MONITORED. X 2 2188258 FAIR MARKET VALUE false true false FORM 990 REVIEW PROCESS PART VI, SECTION B, LINE 11 DRAFT 990 IS REVIEWED AND APPROVED BY AUDIT COMMITTEE ON BEHALF OF THE BOARD OF TRUSTEES. CONFLICT OF INTEREST POLICY PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO ABSTAIN FROM DISCUSSION AND VOTING WHERE CONFLICT EXISTS. PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES PART VI, SECTION B, LINE 15 INDEPENDENT COMPENSATION STUDY PERFORMED AND PRESENTED TO EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE APPROVES PRESIDENT SALARY ANNUALLY. AVAILABILITY OF DOCUMENTS TO THE PUBLIC PART VI, SECTION C, LINE 19 THE COMMUNITY FOUNDATION WILL MAKE AVAILABLE FOR PUBLIC INSPECTION THE LAST THREE YEARS OF ITS TAX DOCUMENTS, INCLUDING INTERNAL REVENUE SERVICE FORMS 990, 990T (IF APPLICABLE), THE COMMUNITY FOUNDATION'S APPLICATION FOR TAX EXEMPTION, IRS FORM 1023, THE CFGF BYLAWS, THE CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS. IF THE REQUEST FOR ANY OF THESE DOCUMENTS IS MADE IN PERSON, THE REQUESTED DOCUMENTS WILL BE PROVIDED ON THE DAY OF THE REQUEST, IF POSSIBLE. IF THE REQUEST IS IN WRITING (INCLUDING EMAIL), COPIES WILL BE PROVIDED WITHIN 30 DAYS OF THE REQUEST. THE REQUESTOR WILL BE CHARGED A REASONABLE FEE FOR THE COST OF COPYING, PLUS POSTAGE. ADDITIONALLY, THESE DOCUMENTS WILL BE AVAILABLE ON THE WEBSITE AT WWW.CFGF.ORG. PRIOR PERIOD ADJUSTMENT OF NET ASSETS PART X, LINES 27, 28 & 29 NET ASSETS WERE RESTATED AS OF 12/31/2009 TO CORRECT AN ERROR IN CLASSIFICATION OF NET ASSETS. CERTAIN ENDOWMENT FUNDS WERE IMPROPERLY CLASSIFIED AS UNRESTRICTED NET ASSETS IN PRIOR YEARS. A PRIOR PERIOD ADJUSTMENT HAS BEEN MADE TO RECLASSIFY THE APPROPRIATE AMOUNT AS TEMPORARILY RESTRICTED NET ASSETS. OTHER CHANGES IN NET ASSETS OR FUND BALANCES PART XI, LINE 5 NET UNREALIZED GAIN ON INVESTMENTS: 5,472,013 AGENCY FUND REVENUE ALLOCATED TO NET UNREALIZED GAIN: 114,414 CHANGE IN SPLIT INTEREST VALUE: -20,518 AUDITED FINANCIAL STATEMENTS PART XII, LINE 2 THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT AS PART OF CONSOLIDATED FINANCIAL STATEMENTS, WHICH WERE REVIEWED AND APPROVED BY AN AUDIT COMMITTEE. FOUNDATION FOR THE FLINT CULTURAL CENTER 500 S SAGINAW ST STE 200 FLINT MI 48502 383573890 SUPPORT ORG MI 509(A)(3) 11A NA COMMUNITY FIRST LLC 503 S SAGINAW ST FLINT MI 48502 205014759 RNTL REAL ESTATE MI NA INVESTMENT -91971 1333450 false false 0.50000 false false false false false false false false false true true false false false false false false true COMMUNITY FIRST LLC J 94075 COMMUNITY FIRST LLC R 60000 FOUNDATION FOR THE FLINT CULTURAL CENTER K 19687