Civic Intelligence

Albion Community Foundation

990 • Fiscal year 2016 • EIN 23-7019029

Jan 01, 2016 to Dec 31, 2016 • Filed on May 19, 2017

Organization ProfileWWW.ALBIONFOUNDATION.ORG
309 N SuperiorAlbion, MI 49224

(517) 629-3349

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

48th percentile

0.09x

Higher debt load relative to assets than 48% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

1.64x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

5th percentile

-67%

Higher net margin than 5% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

41st percentile

$37,500

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

55th percentile

2.6%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-40%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets48th percentile

Assets

Up

$4,812,070

Up $120,548 (+2.6%) from 2015

Net Assets

Up

$4,389,743

Up $107,129 (+2.5%) from 2015

Liabilities

Up

$422,327

Up $13,419 (+3.3%) from 2015

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin5th percentile

Revenue

Down

$257,830

Down $168,400 (-40%) from 2015

Expenses

Down

$429,580

Down $92,002 (-18%) from 2015

Net Income

Down

-$171,750

Down $76,398 (-80%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $4,578,287Liabilities 2010: $399,307Net Assets 2010: $4,178,9802010Assets 2011: $4,359,839Liabilities 2011: $385,305Net Assets 2011: $3,974,5342011Assets 2012: $4,966,659Liabilities 2012: $416,854Net Assets 2012: $4,549,8052012Assets 2013: $5,661,505Liabilities 2013: $442,261Net Assets 2013: $5,219,2442013Assets 2014: $5,012,428Liabilities 2014: $454,144Net Assets 2014: $4,558,2842014Assets 2015: $4,691,522Liabilities 2015: $408,908Net Assets 2015: $4,282,6142015Assets 2016: $4,812,070Liabilities 2016: $422,327Net Assets 2016: $4,389,7432016Assets 2017: $5,462,005Liabilities 2017: $477,761Net Assets 2017: $4,984,2442017Assets 2018: $4,969,379Liabilities 2018: $653,640Net Assets 2018: $4,315,7392018Assets 2019: $5,675,021Liabilities 2019: $740,796Net Assets 2019: $4,934,2252019Assets 2020: $6,015,398Liabilities 2020: $812,566Net Assets 2020: $5,202,8322020Assets 2021: $7,773,653Liabilities 2021: $882,463Net Assets 2021: $6,891,1902021Assets 2022: $6,024,694Liabilities 2022: $710,741Net Assets 2022: $5,313,9532022Assets 2023: $7,113,756Liabilities 2023: $793,466Net Assets 2023: $6,320,2902023Assets 2024: $8,326,158Liabilities 2024: $990,156Net Assets 2024: $7,336,0022024

Highlighted filing

2016

Assets$4,812,070
Liabilities$422,327
Net Assets$4,389,743
Open 2016 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $341,5422010Expenses 2011: $501,6392011Expenses 2012: $495,1092012Revenue 2013: $2,549,326Expenses 2013: $1,572,819Net Income 2013: $976,5072013Revenue 2014: $886,227Expenses 2014: $1,476,754Net Income 2014: -$590,5272014Revenue 2015: $426,230Expenses 2015: $521,582Net Income 2015: -$95,3522015Revenue 2016: $257,830Expenses 2016: $429,580Net Income 2016: -$171,7502016Revenue 2017: $471,850Expenses 2017: $306,387Net Income 2017: $165,4632017Revenue 2018: $576,324Expenses 2018: $389,373Net Income 2018: $186,9512018Revenue 2019: $422,766Expenses 2019: $411,271Net Income 2019: $11,4952019Revenue 2020: $462,580Expenses 2020: $394,221Net Income 2020: $68,3592020Revenue 2021: $2,455,766Expenses 2021: $943,686Net Income 2021: $1,512,0802021Revenue 2022: $1,377,787Expenses 2022: $1,984,380Net Income 2022: -$606,5932022Revenue 2023: $1,345,607Expenses 2023: $794,046Net Income 2023: $551,5612023Revenue 2024: $1,596,276Expenses 2024: $818,199Net Income 2024: $778,0772024

Highlighted filing

2016

Revenue$257,830
Expenses$429,580
Net Income-$171,750
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 19, 2017
Return Version
2016v3.0
Gross Receipts
$1,455,802
Mission and Program Overview

Mission

Strengthen the greater albion area by cultivating community assets to enhance the quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,462,808$4,640,832▲ $178,024
Investments Other Securities-$102,211-
Savings and Temporary Cash Investments$100,549--
Cash and Non-Interest-Bearing Accounts$41,613$60,158▲ $18,545
Pledges and Grants Receivable$7,422--
Prepaid Expenses and Deferred Charges-$4,968-
Land, Buildings, and Equipment, Net$79,130$3,901▼ $75,229
Total Assets$4,691,522$4,812,070▲ $120,548
Liabilities
Escrow Account Liability$395,485$414,345▲ $18,860
Grants Payable$6,000$4,000▼ $2,000
Other Liabilities$3,020$2,850▼ $170
Accounts Payable and Accrued Expenses$4,403$1,132▼ $3,271
Total Liabilities$408,908$422,327▲ $13,419
Net Assets / Fund Balance
Unrestricted Net Assets$4,002,614$4,109,743▲ $107,129
Temporarily Rstr Net Assets$280,000$280,000→ $0
Total Net Assets Fund Balance$4,282,614$4,389,743▲ $107,129
Total Liabilities and Net Assets / Fund Balance$4,691,522$4,812,070▲ $120,548

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,901$19,193$23,094

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$4,085,999$79,838▲ $342,051-$4,274,202
2015$4,397,229$113,716▼ $118,349-$4,085,999
2014$4,208,483$354,704▲ $182,722-$4,397,229
2013$4,037,370$452,844▲ $151,711-$4,208,483
2012$3,865,710$102,716▲ $368,408-$4,037,370
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Timothy KrauseExecutive DiFT$37,500$37,500

Board Members and Trustees

NameTitle
Bernie Konkle JrPresident
John C SheddTrustee
Joyce SpicerTrustee
Karen YankieTrustee
Marilyn HennonTrustee
Mike TymkewTrustee
Nancy RoushTrustee
Nidia WolfTrustee
Robert DunklinTrustee
Mandy DubielSecretary
Tom PittTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$225,776
Program Service Revenue
$0
Investment Income
$29,651
Other Revenue
$2,403
All Other Contributions
$210,866
Change in Net Assets
$-171,750

Audited Revenue Reconciliation

Revenue per Audited Statements
$257,830
Revenue Not Reported on Form 990
$278,879
Total Revenue per Audited Statements
$536,709
Total Revenue per Form 990
$257,830
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$221,899
Other Expenses$131,172
Salaries, Compensation, and Employee Benefits$76,509
Total Fundraising Expense$14,095
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$221,899--$221,899
Fees for Services Other$41,057$4,683-$45,740
Current Officers, Directors, Trustees, and Key Employees$14,063$17,812$5,625$37,500
Fees for Service Investment Mgmnt Fees$26,508--$26,508
Other Salaries and Wages$6,920$8,766$2,768$18,454
Comp Disqual Persons$4,883$6,185$1,953$13,021
Payroll Taxes$2,600$3,294$1,040$6,934
Depreciation Depletion$2,481$3,143$993$6,617
Fees for Services Accounting-$6,130-$6,130
Information Technology$2,261$2,864$904$6,029
Office Expenses$4,925--$4,925
Advertising$400$3,881-$4,281
Other Expenses$3,472--$3,472
Occupancy$1,297$1,643$519$3,459
Conferences and Meetings$2,163--$2,163
Insurance$508$643$203$1,354
Pension Plan Contributions$225$285$90$600
Total Functional Expenses$356,156$59,329$14,095$429,580

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$429,580
Total Expenses per Audited Statements$429,580
Total Expenses per Form 990$429,580
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of AlbionAlbion, MIGovCommunity Developmen$42,575
Friends of the Bohm TheatreAlbion, MI501c3Theatre Restoration$21,000
Albion CollegeAlbion, MI501c3Education$10,420
Albion Health Care AllicanceAlbion, MI501c3Youth Programs$10,250
Albion InnovationAlbion, MI501c3Community Developmen$10,000
AvsoAlbion, MI501c3Substance Abuse Prog$7,230
Tekonsha Community SchoolsTekonsha, MIGovEducation$6,755
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Annuity Payable$2,850
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The 990 tax return is reviewed by the full board of trustees.”

Form 990, Page 6, Part VI, Line 12C

“Board members complete a form each january to ensure that the conflict of interest policy is effective.”

Form 990, Page 6, Part VI, Line 15A

“The salary of the executive director (the only full time employee of the community foundation) is determined by the board using the council of michigan foundations annual survey salary as a guide.”

Form 990, Page 6, Part VI, Line 19

“Annual financial statements are available to the public on the community foundations's website and in its published audit report. Governing documents and policies are available upon request.”

Filing and Contact Details

Filer

Filer Name
Albion Community Foundation
EIN
23-7019029
Phone
5176293349
Address
309 N SUPERIOR, ALBION, MI 49224

Signing Officer

Name
Bernie Konkle Jr
Title
President
Phone
5176293349
Signed
2017-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Krause
Formed
1968
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
4
Volunteers
30

Preparer

Firm
Bond & Company Plc
Address
113 WEST MICHIGAN AVENUE SUITE 301, JACKSON, MI 49201
Preparer
Patrick T Walz
Phone
5177898900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract labor 41,057 4,683 0”

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The foundation has entered into agreements with other organizations to receive, invest and manage certain of their funds. In accordance with statement of financial accounting standards no. 136, transfers of assets to a not-for-profit foundation or charitable trust that raises or holds contributions for others, the foundation reports a liability for these resources since the other organizations have either named themselves as beneficiaries or retained the unilateral rights to withdraw or otherwise redirect the use of those funds.”

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IRS990/InsuranceGrp/FundraisingAmt0203
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01192972
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0STRENGTHEN THE GREATER ALBION AREA BY CULTIVATING COMMUNITY ASSETS TO ENHANCE THE QUALITY OF LIFE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04282614
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-78781
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IRS990/OccupancyGrp/TotalAmt03459
IRS990/OfficeExpensesGrp/ProgramServicesAmt04925
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0PARTNERSHIPS & SPONSORSHI
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IRS990/OtherExpensesGrp/Desc2GENERAL OPERATING EXPENSE
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IRS990/OtherExpensesGrp/ProgramServicesAmt15584
IRS990/OtherExpensesGrp/ProgramServicesAmt23472
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IRS990/OtherOrganizationDsc0COMM FND
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IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
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IRS990/OtherRevenueTotalAmt02403
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02768
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08766
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06920
IRS990/OtherSalariesAndWagesGrp/TotalAmt018454
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01040
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03294
IRS990/PayrollTaxesGrp/ProgramServicesAmt02600
IRS990/PayrollTaxesGrp/TotalAmt06934
IRS990/PensionPlanContributionsGrp/FundraisingAmt090
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0285
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0225
IRS990/PensionPlanContributionsGrp/TotalAmt0600
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07422
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04968
IRS990/PrincipalOfficerNm0TIMOTHY KRAUSE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0354665
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0217727
IRS990/PYInvestmentIncomeAmt069301
IRS990/PYOtherExpensesAmt0215850
IRS990/PYOtherRevenueAmt02264
IRS990/PYRevenuesLessExpensesAmt0-95352
IRS990/PYSalariesCompEmpBnftPaidAmt088005
IRS990/PYTotalExpensesAmt0521582
IRS990/PYTotalRevenueAmt0426230
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-171750
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100549
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0225776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0254665
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0268575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0566687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0698843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02014546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0108432
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0138812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0210519
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0116011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt095104
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0668878
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02403
IRS990ScheduleA/PublicSupportCY170Pct00.64030
IRS990ScheduleA/PublicSupportPY170Pct00.66970
IRS990ScheduleA/PublicSupportTotal170Amt01718214
IRS990ScheduleA/SubstantialContributorsTotAmt0296332
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0225776
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0254665
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0268575
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0566687
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0698843
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02014546
IRS990ScheduleA/TotalSupportAmt02683424
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.93630
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt029091
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04085999
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt079838
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04274202
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0204595
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0342051
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt030178
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04397229
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0113716
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04085999
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0276419
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-118349
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt026868
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04208483
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0354704
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04397229
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0321812
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0182722
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt014946
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04037370
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0452844
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04208483
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0418496
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0151711
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt015615
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03865710
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0102716
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04037370
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0284149
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0368408
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt06390
IRS990ScheduleD/DonorAdvisedFundsHeldCnt09
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0414345
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03901
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019193
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023094
IRS990ScheduleD/ExpensesSubtotalAmt0429580
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0278879
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GIFT ANNUITY PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0278879
IRS990ScheduleD/RevenueSubtotalAmt0257830
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS ENTERED INTO AGREEMENTS WITH OTHER ORGANIZATIONS TO RECEIVE, INVEST AND MANAGE CERTAIN OF THEIR FUNDS. IN ACCORDANCE WITH STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 136, TRANSFERS OF ASSETS TO A NOT-FOR-PROFIT FOUNDATION OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS, THE FOUNDATION REPORTS A LIABILITY FOR THESE RESOURCES SINCE THE OTHER ORGANIZATIONS HAVE EITHER NAMED THEMSELVES AS BENEFICIARIES OR RETAINED THE UNILATERAL RIGHTS TO WITHDRAW OR OTHERWISE REDIRECT THE USE OF THOSE FUNDS.

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,812,070
Liabilities
$422,327
Net assets
$4,389,743
Revenue
$257,830
Expenses
$429,580
Net income
-$171,750
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.33$0.99$7.34$1.60$0.82$0.78
2023Detailed filing. Detailed filing data is available for this year.$7.11$0.79$6.32$1.35$0.79$0.55
2022Detailed filing. Detailed filing data is available for this year.$6.02$0.71$5.31$1.38$1.98$0.61
2021Detailed filing. Detailed filing data is available for this year.$7.77$0.88$6.89$2.46$0.94$1.51
2020Detailed filing. Detailed filing data is available for this year.$6.02$0.81$5.20$0.46$0.39$0.07
2019Detailed filing. Detailed filing data is available for this year.$5.68$0.74$4.93$0.42$0.41$0.01
2018Detailed filing. Detailed filing data is available for this year.$4.97$0.65$4.32$0.58$0.39$0.19
2017Detailed filing. Detailed filing data is available for this year.$5.46$0.48$4.98$0.47$0.31$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.81$0.42$4.39$0.26$0.43$0.17
2015Detailed filing. Detailed filing data is available for this year.$4.69$0.41$4.28$0.43$0.52$0.10
2014Detailed filing. Detailed filing data is available for this year.$5.01$0.45$4.56$0.89$1.48$0.59
2013Detailed filing. Detailed filing data is available for this year.$5.66$0.44$5.22$2.55$1.57$0.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.42$4.55$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.39$3.97$0.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$0.40$4.18$0.34