2026-07-31T16:30:19+00:00 2025-12-31 440160260 FORVIS MAZARS LLP 4161 PIEDMONT PARKWAY SUITE 310 GREENSBORO NC 27410 990 2025-01-01 510168751 POLK COUNTY COMMUNITY FOUNDATION INC POLK 8288595314 255 SOUTH TRADE STREET TRYON NC 28782 PETER FRANKLIN BOARD CHAIR 2026-07-31 true BRIAN DOUD P01748393 3368895156 2026-07-30 2025 2025-03-06 01:10:19Z PETER FRANKLIN 255 SOUTH TRADE STREET TRYON NC 28782 24098240 false X WWW.POLKCCF.ORG X 1975 NC TO ADMINISTER FUNDS ENTRUSTED TO IT TO SUPPORT CHARITABLE, CULTURAL, EDUCATIONAL AND PUBLICLY BENEFICIAL CHARITABLE ACTIVITIES IN THE COMMUNITY CENTERED IN AND AROUND POLK COUNTY, N.C. 11 11 5 40 0 1573292 5338328 0 0 2500137 2584263 285911 287369 4359340 8209960 2816454 3304890 0 0 624938 766212 0 0 72949 206185 255889 3647577 4326991 711763 3882969 65749988 76751540 4263527 4564157 61486461 72187383 TO ADMINISTER FUNDS ENTRUSTED TO SUPPORT CHARITABLE, CULTURAL, EDUCATIONAL AND PUBLICLY BENEFICIAL ACTIVITIES IN THE COMMUNITY CENTERED IN AND AROUND POLK COUNTY, N.C. BOTH BY DIRECTLY EXPENDING SUMS FOR SUCH PURPOSES AND IN COOPERATION WITH INSTITUTIONS QUALIFIED TO CARRY OUT THESE OBJECTIVES MOST EFFICIENTLY. THE FOUNDATION WORKS WITH DONORS (BOTH INDIVIDUALS AND CHARITABLE ORGANIZATIONS) TO ESTABLISH FUNDS TO BENEFIT ONE OR MORE NAMED CHARITIES, TO ACCOMPLISH A CERTAIN OBJECTIVE (PROVIDE FOR CULTURAL EVENTS, ENCOURAGE THE DEVELOPMENT OF AGRICULTURE, PROVIDE FREE ACTIVITIES FOR YOUTH, IMPROVE CLASSROOM TEACHING, ETC.), TO AWARD SCHOLARSHIPS TO LOCAL STUDENTS, AND TO ALLOW THE BOARD OF THE POLK COUNTY COMMUNITY FOUNDATION TO ADDRESS THE NEEDS OF THE COMMUNITY AS THEY CHANGE FROM TIME TO TIME (UNRESTRICTED FUNDS). false false 3845740 3304890 2871632 THE COMMUNITY FOUNDATION IS DEDICATED TO IMPROVING THE QUALITY OF LIFE IN POLK COUNTY, NC, AND THE SURROUNDING AREAS. IT FULFILLS THIS MISSION BY: AWARDING GRANTS FROM UNRESTRICTED FUNDS TO SUPPORT MEANINGFUL LOCAL NONPROFIT PROJECTS PROVIDING VOCATIONAL AND COLLEGE SCHOLARSHIPS TO LOCAL STUDENTS DISTRIBUTING INCOME FROM ENDOWMENT FUNDS ACCORDING TO DONOR OR NONPROFIT GUIDELINES ADMINISTERING PLANNED GIVING PROGRAMS OFFERING RESOURCES AND MEETING SPACES FOR NONPROFITS HELPING DONORS AND NONPROFITS ACHIEVE THEIR CHARITABLE GOALS THE FOUNDATION CURRENTLY ADMINISTERS OVER 225 CHARITABLE FUNDS. IN RESPONSE TO HURRICANE HELENE, THE BOARD OF DIRECTORS AUTHORIZED THE USE OF THE EMERGENCY RELIEF FUND TO ADDRESS URGENT COMMUNITY NEEDS. ADDITIONALLY, THREE NEW GRANTMAKING FUNDS WERE ESTABLISHED: THE REPAIR AND REBUILDING FUND THE GREEN RIVER RESTORATION FUND THE PACOLET VALLEY RESTORATION FUND THESE FUNDS ENABLED THE LAUNCH OF A STREAMLINED GRANT APPLICATION PROCESS, ALLOWING FOR THE QUICK AND EFFECTIVE DISTRIBUTION OF CRITICAL RESOURCES. THEY SUPPORT ORGANIZATIONS FOCUSED ON RECOVERY, RECONSTRUCTION, AND RESTORATION EFFORTS, AS WELL AS THOSE IMPACTED BY THE STORM, HELPING THEM REOPEN AND CONTINUE SERVING THE COMMUNITY. 3845740 true true false false false true false false true true true true false false true true false true false false false false false false false false false true true true false false false false false false false false false false true false false false false true false false false false true 4 0 true 5 true false false false false false false false false false false false false false false false X 11 11 false false false false false false false true true false false false true true true true true true true false false false X X X SARA BELL 8288595314 255 SOUTH TRADE STREET TRYON NC 28782 A THOMAS JACKSON TREASURER 1.0 1.0 X X 0 0 0 KEVIN D BURNETT SECRETARY 1.0 1.0 X X 0 0 0 PETER R FRANKLIN CHAIR 1.0 1.0 X X 0 0 0 SUSAN S MCHUGH VICE CHAIR 1.0 1.0 X X 0 0 0 CAROLYN GIBSON 1.0 1.0 X 0 0 0 DALE L MCENTIRE 1.0 1.0 X 0 0 0 FRANCES H PARKER 1.0 1.0 X 0 0 0 GORDON B HAMILTON 1.0 1.0 X 0 0 0 HEIDI L SHULL 1.0 1.0 X 0 0 0 MATTHEW POHSWEG JR 1.0 1.0 X 0 0 0 NORMA W BATCHELDER 1.0 1.0 X 0 0 0 SARA BARRON BELL PRESIDENT & CEO 40.0 5.0 X 208586 0 54516 208586 0 54516 1 false true false 0 841318 4497010 1944745 5338328 0 0 0 0 0 1741031 1741031 0 0 16731512 15888280 843232 0 843232 843232 0 PCCF MANAGEMENT FEE 561000 287369 287369 0 0 0 0 287369 8209960 2871632 0 0 3004792 3004792 300098 300098 0 0 208586 83435 114722 10429 309707 189882 93872 25953 102394 62777 31036 8581 145525 89221 44109 12195 17126 17126 38233 38233 0 0 0 0 2429 1489 736 204 94357 57850 28600 7907 27414 16808 8309 2297 12087 12087 40624 24907 12313 3404 23619 14481 7159 1979 0 0 0 0 4326991 3845740 408302 72949 200 200 374742 415372 0 0 0 0 799 23778 1078529 618005 462291 460524 64911956 75851666 0 0 0 65749988 76751540 5844 29904 0 0 4257683 4534253 4263527 4564157 X 25806722 27811694 35679739 44375689 61486461 72187383 65749988 76751540 X 3882969 6762400 55553 X false true true false X 860045 2079172 489668 1573292 5338328 10340505 0 0 0 0 860045 2079172 489668 1573292 5338328 10340505 4517507 5822998 1098840 897758 1490524 1424072 1741031 6652225 0 0 0 0 0 0 0 0 16992730 0 0.34268 0.36242 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12 235000 274016 372424 true true true 2431989 290722 1069022 1653689 false 10698090 10698090 10698090 10698090 10698090 10698090 10698090 10698090 10698090 10698090 0.0 1.0 0.0 false true true 772318 392631 379687 205699 126678 79021 100512 98696 1816 460524 CLOSELY-HELD EQUITY INTERESTS FINANCIAL DERIVATIVES MUTUAL FUNDS 75851666 F 75851666 FEDERAL INCOME TAXES DUE TO OTHER ORGANIZATIONS 3240873 TRUST LIABILITY 1293380 4534253 X 15035600 6762400 63240 6825640 8209960 0 0 8209960 4334678 7687 7687 4326991 0 0 4326991 SCHEDULE D, PART IV, LINE 1B AGENT, TRUSTEE, CUSTODIAN, OR OTHER INTERMEDIARY ARRANGEMENT THE ORGANIZATION IS TRUSTEE TO SEVERAL CHARITABLE REMAINDER TRUSTS IN WHICH IT IS NOT NAMED AS AN IRREVOCABLE BENEFICIARY. EACH TRUST HAS FILED FORM 1041 FOR THE YEAR. SCHEDULE D, PART V, LINE 4 INTENDED USES OF ENDOWMENT FUNDS TO GIVE GRANTS IN POLK COUNTY, NC FOR CHARITABLE, EDUCATIONAL, MEDICAL AND COMMUNITY BENEFIT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) AND 170(C)(2) OF THE INTERNAL REVENUE CODE OF 1986 AND SUPPORT THE POLK COUNTY COMMUNITY FOUNDATION. SCHEDULE D, PART X, LINE 2 FIN 48 (ASC 740) FOOTNOTE THE FOUNDATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A CHARITABLE ORGANIZATION AS DESCRIBED IN SECTION 501(C (3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2025 OR 2024. SCHEDULE D, PART XI, LINE 2(D) OTHER REVENUES IN AUDITED FINANCIAL STATEMENTS NOT IN FORM 990 CHANGE IN SPLIT INTEREST - 63240 SCHEDULE D, PART XII, LINE 2(D) OTHER EXPENSES IN AUDITED FINANCIAL STATEMENTS NOT IN FORM 990 EXPENSES FROM TRUSTS - 7687 true ASPIRE POLK COUNTY A CHILD & FAMILY PARTNERSHIP PO BOX 520 COLUMBUS NC 28722 882598593 501(C)(3) 6735 SUPPORT FOR CHILD & FAMILY SERVICES APPALACHIAN SUSTAINABLE AG PROJECT 306 W HAYWOOD ST ASHEVILLE NC 28801 061642769 501(C)(3) 25000 SUPPORT FOR STORM RECOVERY FOR FARMERS IN POLK COUNTY BIG BROTHERS BIG SISTERS OF WNC - POLK COUNTY 301 NORTH TRADE STREET TRYON NC 28782 581505917 501(C)(3) 35280 SUPPORT FOR MENTORING PROGRAMS IN POLK COUNTY CHAMPIONS FOR WILDLIFE PO BOX 128 LYNN NC 28750 874584220 501(C)(3) 16000 SUPPORT FOR WILDLIFE EDUCATION CHILDREN'S THEATER FESTIVAL PO BOX 422 TRYON NC 28782 271131837 501(C)(3) 22726 SUPPORT FOR ANNUAL SUPER SATURDAY EVENT CONSERVING CAROLINA 847 CASE STREET HENDERSONVILLE NC 28792 566449365 501(C)(3) 110555 SUPPORT FOR LAND CONSERVATION DISTRICT ONE SCHOOLS PO BOX 218 CAMPOBELLO SC 29322 570687554 GOVERNMENT 11045 SUPPORT FOR TEACHER CONFERENCES & EDUCATIONAL TRAVEL EPISCOPAL CHURCH OF THE HOLY CROSS 150 MELROSE AVE TRYON NC 28782 560559095 CHURCH 97710 ENDOWMENT FUND DISTRIBUTIONS FOR OPERATING SUPPORT E-POLK INC PO BOX 340 TRYON NC 28782 300156436 501(C)(3) 45000 SUPPORT FOR NONPROFIT BROADBAND CONNECTIVITY FENCE 3381 HUNTING COUNTRY RD TRYON NC 28782 581596812 501(C)(3) 203775 SUPPORT FOR 400+ ACRE NATURE & EQUESTRIAN CENTER FOOTHILLS HUMANE SOCIETY INC 989 LITTLE MOUNTAIN RD COLUMBUS NC 28722 581413121 501(C)(3) 77887 SUPPORT FOR ANIMAL WELFARE IN POLK COUNTY HABITAT FOR HUMANITY 1111 KEITH STREET HENDERSONVILLE NC 28792 561642263 501(C)(3) 21860 SUPPORT FOR SAFE & AFFORDABLE HOUSING HOPEFUL RESTORATION GROUP 2337 FRANK GORE RD LITTLE RIVER SC 29566 832836137 501(C)(3) 200000 DONOR ADVISED FUND DISTRUBUTION TO SUPPORT STORM RECOVERY IN POLK COUNTY LANDRUM CITY OF 100 N SHAMROCK AVE LANDRUM SC 29356 576001419 GOVERNMENT 7800 SUPPORT FOR FARMERS MARKETS LANIER LIBRARY ASSOCIATION 72 CHESTNUT ST TRYON NC 28782 560582029 501(C)(3) 82789 SUPPORT FOR LIBRARY PROGRAMS & FACILITIES MOUNTAIN PAGE THEATER 140 CHURCH ST SALUDA NC 28773 863275047 501(C)(3) 8000 SUPPORT FOR COMMUNITY THEATER & YOUTH PROGRAMS MOUNTAIN TRUE 29 NORTH MARKET ST ASHEVILLE NC 28801 561422691 501(C)(3) 83300 SUPPORT FOR ENVIRONMENTAL & CONSERVATION EFFORTS NC CENTER FOR THE ADVANCEMENT OF TEACHING 276 NCCAT DRIVE CULLOWHEE NC 28783 561884667 501(C)(3) 8500 SUPPORT FOR LOCAL TEACHERS ATTENDING NCCAT PROGRAMS. PISGAH LEGAL SERVICES PO BOX 2276 ASHEVILLE NC 28802 561191115 501(C)(3) 25000 SUPPORT FOR FREE LEGAL SERVICES POLK CO CAMPUS ICC FOUNDATION INC PO BOX 804 SPINDALE NC 28160 581507998 501(C)(3) 5100 ENDOWMENT FUND DISTRIBUTIONS FOR NEW CENTURY SCHOLARSHIP PROGRAM FOR STUDENTS POLK COUNTY FILM INITIATIVE 285 NORTH TRADE STREET TRYON NC 28782 473556104 501(C)(3) 19500 SUPPORT FOR EDUCATIONAL FILMMAKING PROGRAMS POLK COUNTY GOVERNMENT PO BOX 308 COLUMBUS NC 28722 566000333 GOVERNMENT 32518 SUPPORT FOR FARMERS MARKETS, RECREATION, AND LIBRARY PROGRAMS POLK COUNTY 4-H YOUTH FOUNDATION PO BOX 187 COLUMBUS NC 28722 566049531 501(C)(3) 8845 SUPPORT FOR YOUTH DEVELOPMENT & EDUCATION POLK COUNTY SCHOOLS PO BOX 638 COLUMBUS SC 28722 566001098 GOVERNMENT 276708 SUPPORT FOR GIFTED CAMPS, BAND PROGRAM, FIELD TRIPS, INTERNSHIPS, TEACHER CONFERENCES & EDUCATIONAL TRAVEL, COMMUNITY PARTNERSHIPS, MENTORING & SPECIAL PROJECTS ROSELAND COMMUNITY CENTER INC PO BOX 83 TRYON NC 28782 560993404 501(C)(3) 55930 SUPPORT FOR COMMUNITY CENTER YOUTH & ADULT PROGRAMS ROTARY CLUB OF TRYON FOUNDATION PO BOX 923 TRYON NC 28782 223832590 501(C)(3) 12780 ENDOWMENT FUND DISTRIBUTION FOR OPERATING SUPPORT SALUDA COMMUNITY LAND TRUST INC PO BOX 732 SALUDA NC 28773 208869652 501(C)(3) 86500 SUPPORT FOR LAND CONSERVATION & COMMUNITY PROGRAMS IN THE GREATER SALUDA AREA SALUDA DOWNTOWN FOUNDATION INC P O BOX 601 SALUDA NC 28773 472905227 501(C)(3) 15834 SUPPORT FOR COMMUNITY EVENTS & PROGRAMS SALUDA HISTORIC DEPOT PO BOX 990 SALUDA NC 28773 473440546 501(C)(3) 7660 SUPPORT FOR HISTORY MUSEUM PROGRAMS & FACILITIES SALUDA POP-UP-PANTRY PO BOX 428 SALUDA NC 28773 854044389 501(C)(3) 37750 SUPPORT FOR FOOD PANTRY PROGRAMS SHAKESPEARE & FRIENDS 69 OAK RIDGE CIRCLE COLUMBUS NC 28722 882852230 501(C)(3) 5600 SUPPORT FOR COMMUNITY THEATER PROGRAMS ST LUKE'S HOSPITAL 101 HOSPITAL DR COLUMBUS NC 28722 560554222 501(C)(3) 19020 ENDOWMENT FUND DISTRIBUTION TO SUPPORT GENERAL OPERATING EXPENSES ST LUKE'S HOSPITAL FOUNDATION 89 WEST MILLS ST COLUMBUS NC 28722 561757097 501(C)(3) 44904 SUPPORT FOR ST. LUKE'S HOSPITAL COMMUNITY HEALTH PROGRAMS, EQUIPMENT & OPERATIONS STEPS TO HOPE INC PO BOX 518 COLUMBUS NC 28722 561484890 501(C)(3) 63219 SUPPORT FOR DOMESTIC VIOLENCE VICTIMS SHELTER OPERATIONS & PROGRAMS SUNNY VIEW CLUBHOUSE 100 GERALD GIBBS RD MILL SPRING NC 28756 900933214 501(C)(3) 186900 SUPPORT COMMUNITY CENTER IMPROVEMENTS & PROGRAMS THERMAL BELT FRIENDSHIP COUNCIL PO BOX 414 LYNN NC 28750 571163800 501(C)(3) 28580 SUPPORT FOR COMMUNITY PROGRAMS & OPERATIONS THERMAL BELT OUTREACH MINISTRY INC PO BOX 834 COLUMBUS NC 28722 561793796 501(C)(3) 320888 SUPPORT FOR FOOD DISTRIBUTION, HOUSING, MEDICAL & FINANCIAL ASSISTANCE FOR THOSE IN NEED TOWN OF TRYON 301 NORTH TRADE STREET TRYON NC 28782 566001354 GOVERNMENT 6695 SUPPORT FOR COMMUNITY EVENTS TRYON ARTS & CRAFTS INC 373 HARMON FIELD RD TRYON NC 28782 560946889 501(C)(3) 134818 SUPPORT FOR ARTS EDUCATION PROGRAMS, COMMUNITY EVENTS, OPERATIONS & FACILITIES TRYON CONCERT ASSOCIATION PO BOX 32 TRYON NC 28782 300356647 501(C)(3) 10450 SUPPORT FOR COMMUNITY CONCERTS TRYON DOWNTOWN DEVELOPMENT ASSOC 26 MAPLE ST TRYON NC 28782 311682144 501(C)(3) 19700 SUPPORT FOR CONFERENCE ATTENDANCE, COMMUNITY EVENTS, AND BEAUTIFICATION TRYON FINE ARTS CENTER 34 MELROSE AVE TRYON NC 28782 566086694 501(C)(3) 155754 SUPPORT FOR COMMUNITY ARTS CENTER PROGRAMS, OPERATIONS & FACILITIES TRYON GARDEN CLUB INC PO BOX 245 TRYON NC 28782 560850156 501(C)(3) 75851 ENDOWMENT FUND DISTRIBUTIONS FOR OPERATING SUPPORT TRYON LITTLE THEATER INC PO BOX 654 TRYON NC 28782 566061468 501(C)(3) 89610 SUPPORT FOR THEATER PROGRAMS & COMMUNITY CENTER TRYON PAINTERS & SCULPTORS PO BOX 384 TRYON NC 28782 237057270 501(C)(3) 52700 SUPPORT FOR ART GALLERY PROGRAMS, FACILITIES & OPERATIONS TRYON PRESBYTERIAN CHURCH 430 HARMON FIELD ROAD TRYON NC 28782 560746008 CHURCH 7040 ENDOWMENT FUND DISTRIBUTIONS TO SUPPORT TRYON PRESBYTERIAN CHURCH UNC - CHAPEL HILL 103 SOUTH BUILDING CAMPUS BOX 9100 CHAPEL HILL NC 27599 566001393 501(C)(3) 20000 SUPPORT FOR CAROLINA COLLEGE ADVISING CORPS PROGRAM IN POLK COUNTY SCHOOLS UPSTAIRS ARTSPACE PO BOX 553 TRYON NC 28782 581379476 501(C)(3) 79381 SUPPORT FOR ART GALLERY PROGRAMS, FACILITIES AND OPERATIONS WALNUT CREEK PRESERVE 503 GRASSY KNOB RD RUTHERFORDTON NC 28139 822268945 501(C)(3) 89000 SUPPORT FOR THE CHARITABLE MISSION OF WALNUT CREEK PRESERVE YMCA OF GREATER SPARTANBURG 151 RIBAULT STREET SPARTANBURG SC 29302 570314425 501(C)(3) 9550 ENDOWMENT FUND & DONOR ADVISED FUND DISTRIBUTIONS TO SUPPORT NEW POLK COUNTY YMCA BUILDING 50 0 SCHOLARSHIP 91 300098 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS COMPETITIVE GRANT AWARDS: WRITTEN GRANT APPLICATIONS ARE SUBMITTED TO A FOUNDATION COMMITTEE COMPOSED OF COMMUNITY VOLUNTEERS WHO SERVE 3 YEAR TERMS. THE COMMITTEE REVIEWS DETAILED FINANCIAL AND MANAGEMENT INFORMATION AND CONDUCTS INTERVIEWS TO FULLY UNDERSTAND THE PROPOSED PROJECT AND APPLICANT. GRANT REPORTS ARE REQUIRED. GRANTS ARE MADE TO LOCAL 501(C)(3) ORGANIZATIONS AND UNITS OF GOVERNMENT. GRANT COMMITTEES SUBMIT THEIR RECOMMENDATIONS TO THE BOARD WHICH PROVIDES OVERSIGHT, CHECKS FOR CONFLICTS AND APPROVES GRANTS. NON-COMPETITIVE GRANT AWARDS AND DONOR ADVISED FUND GRANTS: THESE GRANTS ARE MADE TO 501(C)(3) ORGANIZATIONS, CHURCHES AND UNITS OF GOVERNMENT. INFORMATION REGARDING ALL NEW RECIPIENTS OF DONOR ADVISED FUND GRANTS IS EXAMINED BY A COMMITTEE AND THEN THE BOARD VOTES ON THE COMMITTEE'S RECOMMENDATION. THE BOARD ANNUALLY REVIEWS AND RATIFIES ALL DONOR ADVISED FUND GRANTS. DONORS AND CHARITABLE RECIPIENTS CONFIRM THAT THE DONORS DO NOT RECEIVE ANY PERSONAL BENEFITS FROM DONOR ADVISED FUND GRANTS AND THE GRANTS ARE NOT TO SATISFY PLEDGES. CONFIRMATION OF STATUS: WE KEEP ON FILE THE IRS DETERMINATION / 501(C)(3) LETTERS FROM ALL ORGANIZATIONS RECEIVING GRANTS AND CHECK THE IRS WEBSITE FOR UPDATES BEFORE DISBURSING GRANTS. X X X X X false false false false false false false false false SARA BARRON BELL PRESIDENT & CEO 208586 0 0 0 0 0 41717 0 12799 0 263102 0 0 0 1 1944745 MARKET VALUE 0 false false false SCHEDULE M, PART I EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONS SECURITIES - PUBLICLY TRADED - MULTIPLE PUBLIC SECURITIES SOLD FORM 990, PART VI, LINE 11B REVIEW OF FORM 990 BY GOVERNING BODY ALL BOARD MEMBERS RECEIVE A COPY OF THE 990 TO REVIEW, AND ANY COMMENTS OR QUESTIONS ARE DISCUSSED IN A BOARD MEETING BEFORE FILING THE 990. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY THE NOMINATING COMMITTEE AND THE BOARD OF DIRECTORS DO NOT ALLOW ANY VOLUNTEERS WHO HAVE IMPERMISSIBLE CONFLICTS OF INTEREST TO SERVE THE POLK COUNTY COMMUNITY FOUNDATION, INC. POSSIBLE CONFLICTS OF INTEREST ARE DISCUSSED REGULARLY AT FULL BOARD MEETINGS AND NOTED IN THE MINUTES. THE SECRETARY, WHO PREPARES THE MINUTES AND ATTENDS ALL BOARD MEETINGS, KEEPS A RUNNING LIST OF ALL POTENTIAL CONFLICTS SO THESE CONFLICTS ARE RAISED AT THE APPROPRIATE TIMES BEFORE VOTING. ALL BOARD MEMBERS ARE AWARE OF THE POTENTIAL HARM OF ANY APPEARANCE OF IMPROPRIETY AND ALL DILIGENTLY SEEK TO MAKE SURE THAT THEIR OWN ACTIONS AND THE ACTIONS OF ALL OTHERS IN POSITIONS OF POTENTIAL POWER ARE BEYOND REPROACH. COMMITTEE MEMBERS WHO MAKE GRANT RECOMMENDATIONS TO THE BOARD FOR ITS APPROVAL ARE NOT PERMITTED TO PARTICIPATE IN THE PROCESS IF THEY HAVE CONFLICTS. CONFLICT CHECKS ARE ROUTINE AND TEST FOR BOTH ACTUAL AND THE APPEARANCE OF CONFLICTS. WRITTEN AND SIGNED CONFLICT OF INTEREST FORMS ARE REQUIRED FROM EVERY BOARD AND COMMITTEE MEMBER. FORM 990, PART VI, LINE 15A PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL THE COMPENSATION COMMITTEE IS COMPRISED OF THE FOUR OFFICERS OF THE BOARD OF DIRECTORS. THIS COMMITTEE EVALUATES CEO COMPENSATION IN THESE WAYS: COMPARISON OF TOP MANAGEMENT COMPENSATION AND RESPONSIBILITIES OF OTHER SIMILAR ORGANIZATIONS IN THE REGION; EVALUATION OF CEO'S EDUCATION, PROFESSIONAL EXPERIENCE, AND RESPONSIBILITIES; AND REVIEW AND COMPARISON OF NATIONAL AND STATE PUBLICATIONS REGARDING NON-PROFIT CEO COMPENSATION. FORM 990, PART VI, LINE 19 REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS INCLUDING THE FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST DURING THE NORMAL BUSINESS HOURS OF 9:00 - 4:00 MONDAY - THURSDAY AND 9:00 - 12:00 FRIDAY AT THE OFFICE OF THE POLK COUNTY COMMUNITY FOUNDATION, LOCATED AT 255 SOUTH TRADE STREET, TRYON, N.C. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES CHANGE IN SPLIT INTEREST - 63240; BENEFICIARY DISTRIBUTION - -7687; TOTAL - 55553; MARJORIE M AND LAWRENCE R BRADLEY ENDOWMENT FUND OF POLK COUNTY NC 255 SOUTH TRADE ST TRYON NC 28782 202953427 SUPPORT ORGANIZATION NC 501(C)(3) TYPE I NA false false false true false false false false false false false false false false true true false false false true SCHEDULE R, PART V, LINE 1S NAME OF RELATED ORGANIZATION: MARJORIE M AND LAWRENCE R BRADLEY ENDOWMENT TRANSACTION TYPE: S AMOUNT INVOLVED: $251,669 METHOD OF DETERMINING AMOUNT INVOLVED: PERCENTAGE FEE FOR MANAGEMENT SCHEDULE R, PART V, LINE 1C NAME OF RELATED ORGANIZATION: MARJORIE M AND LAWRENCE R BRADLEY ENDOWMENT TRANSACTION TYPE: C AMOUNT INVOLVED: $841,318 METHOD OF DETERMINING AMOUNT INVOLVED: CASH / MARKET VALUE