ROTARY CLUB OF WEST ORANGE FOUNDATION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: ROTARY CLUB OF WEST ORANGE FOUNDATION INC (EIN 01-0738784)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2011-11-08
IRS object ID: 201133129349301583
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 G
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-08T13:24:22-06:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LEVINE JACOBS & COMPANY LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	333 EISENHOWER PARKWAY	AddressLine1
City	LIVINGSTON	City
State	NJ	State
ZIP Code	07039	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	010738784	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ROTARY CLUB OF WEST ORANGE	BusinessNameLine1
Business Name Line2	FOUNDATION INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	ROTA	NameControl
Phone	9739929400	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O M H KARU 333 EISENHOWER PKY	AddressLine1
City	LIVINGSTON	City
State	NJ	State
ZIP Code	070391722	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	EDWARD ENGINGER	Name
Title	CHAIRMAN	Title
Phone	9739929400	Phone
Date Signed	2011-11-08	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MICHAEL H KARU	Name
Phone	9739929400	Phone
Date Prepared	2011-11-08	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	EDWARD ENGINGER	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	474 PROSPECT STREET	AddressLine1
City	WEST ORANGE	City
State	NJ	State
ZIP Code	07052	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	54122	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2002	YearFormation
State Legal Domicile	NJ	StateLegalDomicile
Activity Or Mission Description	FUNDING LOCAL & ROTARY INTERNATIONAL BASED CHARITIES AND FUNDING OF COLLEGE SCHOLARSHIPS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	0	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	10661	ContributionsGrantsPriorYear
Contributions Grants Current Year	5616	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	728	InvestmentIncomePriorYear
Investment Income Current Year	277	InvestmentIncomeCurrentYear
Other Revenue Prior Year	36394	OtherRevenuePriorYear
Other Revenue Current Year	42429	OtherRevenueCurrentYear
Total Revenue Prior Year	47783	TotalRevenuePriorYear
Total Revenue Current Year	48322	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	42699	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	35066	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	8015	TotalFundrsngExpCurrentYear
Other Expense Prior Year	9662	OtherExpensePriorYear
Other Expenses Current Year	8874	OtherExpensesCurrentYear
Total Expenses Prior Year	52361	TotalExpensesPriorYear
Total Expenses Current Year	43940	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-4578	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	4382	RevenuesLessExpensesCY
Total Assets BOY	98334	TotalAssetsBOY
Total Assets EOY	106448	TotalAssetsEOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	98334	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	106448	NetAssetsOrFundBalancesEOY
Mission Description	FUNDING LOCAL & ROTARY INTERNATIONAL BASED CHARITIES AND FUNDING OF COLLEGE SCHOLARSHIPS	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	14414	Expense
Grants	13700	Grants
Description	SCHOLARSHIP & ACADEMIC AWARDS - COLLEGE SCHOLARSHIPS AND ACADEMIC ACHEIVEMENT AWARDS ARE GIVEN TO GRADUATING HIGH SCHOOL SENIORS WHO LIVE IN WEST ORANGE, NJ	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	21366	Expense
Grants	21366	Grants
Description	GRANTS TO CHARITABLE ORGANIZATIONS - GRANTS TO ORGANIZATIONS FORMED AND QUALIFYING UNDER SECTION 501(C)(3) ARE MADE IN ACCORDANCE WITH THE FOUNDATION'S PRIMARY PURPOSE	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	35780	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	true	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	0	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	MICHAEL H KARU CPA	NamePerson
Telephone Number	9739929400	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	333 EISENHOWER PKY	AddressLine1
City	LIVINGSTON	City
State	NJ	State
ZIP Code	070521722	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
EDWARD ENGINGER
CHAIRMAN	1.00	X	X	0	0	0
TEKESTE GHEBREMICAEL
TRUSTEE	1.00	X	X	0	0	0
PETER RICCI
TRUSTEE	1.00	X		0	0	0
PATRICIA TAYLOR
TRUSTEE	1.00	X		0	0	0
STEVEN A BOARD
TRUSTEE	1.00	X		0	0	0
RICHARD CIMO
TRUSTEE	1.00	X		0	0	0
KRISTEN FORD
TRUSTEE	1.00	X		0	0	0
MICHAEL H KARU
TREASURER	2.00		X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	5616	AllOtherContributions
Total Contributions	5616	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	277	TotalRevenueColumn
Exclusion	$277	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	31709	GrossIncomeFundraisingEvents

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	31709	TotalRevenueColumn
Exclusion	$31,709	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Gaming	16520	GrossIncomeGaming
Gaming Direct Expenses	5800	GamingDirectExpenses

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	10720	TotalRevenueColumn
Exclusion	$10,720	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	48322	TotalRevenueColumn
Exclusion	$42,706	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	21366	Total
Program Services	21366	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	13700	Total
Program Services	13700	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	FundraisingFundraising	Program ServicesProgramServices
FACILITY FEE	6288	6288
GUEST FEES	714		714
PRINTING	449	449
PRINTING	425	425
LICENSES	380	380

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	618	Total
Management And General	145	ManagementAndGeneral
Fundraising	473	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	43940	Total
Program Services	35780	ProgramServices
Management And General	145	ManagementAndGeneral
Fundraising	8015	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	24324	BOY
EOY	32775	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	34386	BOY
EOY	34049	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	39624	BOY
EOY	39624	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	98334	BOY
EOY	106448	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	43731	BOY
EOY	54744	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	54603	BOY
EOY	51704	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	98334	BOY
EOY	106448	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	98334	BOY
EOY	106448	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	4382	ReconcilationRevenueExpenses
Reconcilation Other Changes	3732	ReconcilationOtherChanges
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	901	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	700	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1084	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	10661	CurrentTaxYearMinus1Year
Current Tax Year	5616	CurrentTaxYear
Total	18962	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	728	CurrentTaxYearMinus1Year
Total	728	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	33458	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	32877	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	31387	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	41074	CurrentTaxYearMinus1Year
Current Tax Year	48229	CurrentTaxYear
Total	187025	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	34359	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	33577	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	32471	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	52463	CurrentTaxYearMinus1Year
Current Tax Year	53845	CurrentTaxYear
Total	206715	Total

Field	Value	IRS element (for citing)
Public Support Total509	206715	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	612	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	610	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	437	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	728	CurrentTaxYearMinus1Year
Current Tax Year	277	CurrentTaxYear
Total	2664	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	612	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	610	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	437	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	728	CurrentTaxYearMinus1Year
Current Tax Year	277	CurrentTaxYear
Total	2664	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	34971	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	34187	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	32908	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	53191	CurrentTaxYearMinus1Year
Current Tax Year	54122	CurrentTaxYear
Total	209379	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.98730	PublicSupportPercentage509
Prior Year Support Percentage	0.98600	PriorYearSupportPercentage
Investment Income Percentage	0.01000	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.01000	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	TASTE OF THE WO	NameOfEvent1
Gross Receipts Event1	26964	GrossReceiptsEvent1
Gross Revenue Event1	26964	GrossRevenueEvent1
Gross Receipts Total	26964	GrossReceiptsTotal
Gross Revenue Total Events	26964	GrossRevenueTotalEvents
Net Income Summary	26964	NetIncomeSummary

Gaming Information GamingInformation

Field	Value	IRS element (for citing)
Volunteer Labor Bingo	false	VolunteerLaborBingo
Volunteer Labor Pull Tabs	false	VolunteerLaborPullTabs
Gross Revenue Other Gaming	16520	GrossRevenueOtherGaming
Cash Prizes Other Gaming	5800	CashPrizesOtherGaming
Volunteer Labor Other Gaming	false	VolunteerLaborOtherGaming
Gross Revenue Total Gaming	16520	GrossRevenueTotalGaming
Cash Prizes Total Gaming	5800	CashPrizesTotalGaming
Direct Expense Summary Gaming	5800	DirectExpenseSummaryGaming
Net Gaming Income Summary	10720	NetGamingIncomeSummary

Field	Value	IRS element (for citing)
States Where Gaming Conducted	NJ	StatesWhereGamingConducted
Licensed	true	Licensed
License Suspended Etc	false	LicenseSuspendedEtc
Gaming With Nonmembers	true	GamingWithNonmembers
Member Of Other Entity	false	MemberOfOtherEntity
Percentage Of Gaming Othr Facility	1.00000	PercentageOfGamingOthrFacility
Name Of Gaming Rec Keeper Person	MICHAEL H KARU CPA	NameOfGamingRecKeeperPerson

Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS

Field	Value	IRS element (for citing)
Address Line1	333 EISENHOWER PKY	AddressLine1
City	LIVINGSTON	City
State	NJ	State
ZIP Code	070521722	ZIPCode

Field	Value	IRS element (for citing)
Contract With3rd Party For Gam Rev	false	ContractWith3rdPartyForGamRev
Charitable Distrib Required	false	CharitableDistribRequired

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained
No Grant More Than5000	X	NoGrantMoreThan5000

Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
SCHOLARSHIPS	12	13500
ACADEMIC AWARDS	2	200

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE FINANCE COMMITTEE REVIEWS THE FORM 990 AND MAKES IT AVAILABLE TO ALL BOARD MEMBERS PRIOR TO THE FILING OF THE RETURN.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	IT IS THE POLICY OF THE FOUNDATION TO FURNISH A COPY OF THE 990 FORM UPON WRITTEN REQUEST.
ADDITIONAL INFORMATION	FORM 990, PART XI	SCHOLARSHIPS ARE PARTIALLY FUNDED THROUGH FUNDRAISING. THE BALANCE IS RELEASED FROM RESTRICTED FUNDS. THE AMOUNT SHOWN ON LINE 5 REPRESENTS FUNDS RELEASED DURING THE CURRENT FISCAL YEAR.