Civic Intelligence

Ctc Foundation

990 • Fiscal year 2015 • EIN 25-1811888

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 09, 2015

100 Ctc DriveJohnstown, PA 15904-1935

(814) 269-2459

Siviq Scores

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

Liabilities / Assets

100th percentile

11.76x

Higher debt load relative to assets than 100% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.15x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

99th percentile

$435,287

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 82.1% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

93rd percentile

83%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

43%

Faster revenue growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$6,907

Up $3,133 (+83%) from 2014

Net Assets

Up

-$74,352

Up $126,820 (+63%) from 2014

Liabilities

Down

$81,259

Down $123,687 (-60%) from 2014

Revenue

Up

$530,335

Up $159,526 (+43%) from 2014

Expenses

Up

$403,515

Up $38,736 (+11%) from 2014

Net Income

Up

$126,820

Up $120,790 (+2003%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2011: $3,712Liabilities 2011: $247,324Net Assets 2011: -$243,6122011Assets 2012: $21,783Liabilities 2012: $243,118Net Assets 2012: -$221,3352012Assets 2013: $3,424Liabilities 2013: $210,626Net Assets 2013: -$207,2022013Assets 2014: $3,774Liabilities 2014: $204,946Net Assets 2014: -$201,1722014Assets 2015: $6,907Liabilities 2015: $81,259Net Assets 2015: -$74,3522015Assets 2016: $7,519Liabilities 2016: $72,746Net Assets 2016: -$65,2272016Assets 2017: $6,274Liabilities 2017: $184,215Net Assets 2017: -$177,9412017Assets 2018: $9,868Liabilities 2018: $210,970Net Assets 2018: -$201,1022018Assets 2019: $12,977Liabilities 2019: $270,673Net Assets 2019: -$257,6962019Assets 2020: $4,953Liabilities 2020: $313,414Net Assets 2020: -$308,4612020Assets 2021: $8,775Liabilities 2021: $324,964Net Assets 2021: -$316,1892021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2015

Assets$6,907
Liabilities$81,259
Net Assets-$74,352

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $660,1362011Expenses 2012: $303,1412012Expenses 2013: $400,8482013Revenue 2014: $370,809Expenses 2014: $364,779Net Income 2014: $6,0302014Revenue 2015: $530,335Expenses 2015: $403,515Net Income 2015: $126,8202015Revenue 2016: $330,611Expenses 2016: $321,486Net Income 2016: $9,1252016Revenue 2017: $327,853Expenses 2017: $440,567Net Income 2017: -$112,7142017Revenue 2018: $243,947Expenses 2018: $267,107Net Income 2018: -$23,1602018Revenue 2019: $161,989Expenses 2019: $218,583Net Income 2019: -$56,5942019Revenue 2020: $148,472Expenses 2020: $199,238Net Income 2020: -$50,7662020Revenue 2021: $149,073Expenses 2021: $156,801Net Income 2021: -$7,7282021Revenue 2022: $102,581Expenses 2022: $141,958Net Income 2022: -$39,3772022

Highlighted filing

2015

Revenue$530,335
Expenses$403,515
Net Income$126,820
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$530,335
Mission and Program Overview

Mission

The CTC Foundation (the Foundation) was established by Concurrent Technologies Corporation (CTC) with the objective to draw expertise and multi-faceted capabilities to tangibly enhance the lives of people. The Foundation's grant making is in support of CTC's mission.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,508$1,510▲ $2
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$3,774$6,907▲ $3,133
Other Assets Total$2,266$5,397▲ $3,131
Liabilities
Grants Payable$64,529$79,880▲ $15,351
Accounts Payable and Accrued Expenses$140,417$1,379▼ $139,038
Total Liabilities$204,946$81,259▼ $123,687
Net Assets / Fund Balance
Temporarily Rstr Net Assets$128,346$229,956▲ $101,610
Unrestricted Net Assets$-329,518$-304,308▲ $25,210
Total Net Assets Fund Balance$-201,172$-74,352▲ $126,820
Total Liabilities and Net Assets / Fund Balance$3,774$6,907▲ $3,133

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$176,409$176,409
Other Assets Org$2,925--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Conway B Jones JrChairman$27,002$27,002

Board Members and Trustees

NameTitle
Edward J Sheehan JrVice-Chair/President
Philip X MasciantonioDirector
Wilbur A StegerDirector
Robert A Johnson EsqSecretary/Director
Karl M KushnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$530,335
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$130,335
Change in Net Assets
$126,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$331,004
Other Expenses$57,707
Salaries, Compensation, and Employee Benefits$14,804
Total Fundraising Expense$3,701
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$331,004--$331,004
Fees for Services Other$20,000--$20,000
Current Officers, Directors, Trustees, and Key Employees-$10,380$3,460$13,840
Fees for Services Legal-$8,465-$8,465
Interest-$2,231-$2,231
Other Employee Benefits-$601$201$802
Office Expenses-$434-$434
Other Expenses$204$755-$204
Payroll Taxes-$122$40$162
Total Functional Expenses$351,208$48,606$3,701$403,515
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Johnstown Area Regional IndustriesJohnstown, PA501(c)(3)Sustaining$98,380
Community Foundation for the AllegheniesJohnstown, PA501(c)(3)Sustaining$63,850
Johnstown Area Heritage AssociationJohnstown, PA501(c)(3)Sustaining$25,000
United Way of the Laurel HighlandsJohnstown, PA501(c)(3)Sustaining$21,350
1901 Church IncJennerstown, PA501(c)(3)Sustaining$20,000
Johnstown Symphony OrchestraJohnstown, PA501(c)(3)Sustaining$18,000
Boy Scouts of America Laurel Highlands CouncilEbensburg, PA501(c)(3)Sustaining$10,000
Girl Scouts of Western PAPittsburgh, PA501(c)(3)Sustaining$10,000
YmcaJohnstown, PA501(c)(3)Sustaining$8,000
Bottleworks Ethnic Arts CenterJohnstown, PA501(c)(3)Sustaining$7,000
American Red Cross Keystone ChapterJohnstown, PA501(c)(3)Sustaining$6,900
University of Pittsburgh at JohnstownJohnstown, PA501(c)(3)Sustaining$5,700
Foundation For Free Enterprise EducationErie, PA501(c)(3)Sustaining$5,475
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

CTC Foundation prepares its annual Form 990 internally and utilizes external legal counsel and independent tax advisors to perform reviews. The Foundation's Form 990 is distributed to all Board of Director members prior to its due date. Each member is requested to review the return in detail, ask questions regarding any data contained in the return and formally acknowledge acceptance and approval of the return and its contents prior to the return being filed.

Form 990, Part VI, Section B, line 12C

Under the coordination of its related organization, Concurrent Technologies Corporation (CTC), the Foundation employs a formal internal electronic portal that requires key staff to properly disclose any interest or financial holding. This information is reviewed by the CTC Ethics Officer to determine if potential or actual conflicts of interest exist. CTC's Ethics Officer is responsible for seeing that compliance with the electronic reporting system is enforced and that each conflict statement is updated annually. When conflicts of interest are identified, they are adjudicated by the Ethics Officer and an assessment is provided to CTC's President & CEO, the Chairman of CTC's and the Foundation's Board, and each Board of Directors.

Form 990, Part VI, Section B, line 15A

An annual compensation examination and comparison of peer corporations' IRS Form 990 reporting is used to determine the market appropriateness of the Executive Director's compensation.

Form 990, Part VI, Section C, line 19

The Foundation makes all of its governing documents, conflict of interest policies and its annual Form 990 available to the public upon request. Requests may be made in writing, via telephone or in person to the Foundation's Executive Director.

Filing and Contact Details

Filer

Filer Name
Ctc Foundation
EIN
25-1811888
Phone
8142692459
Address
100 CTC DRIVE, JOHNSTOWN, PA 15904-1935

Signing Officer

Name
Edward J Sheehan Jr
Title
Vice-Chair & President
Phone
8142692459
Signed
2015-11-09

Organization Details

Principal Officer
Edward J Sheehan Jr
Formed
1998
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
4
Employees
1
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

The Foundation's objective is to draw expertise and multi-faceted capabilities to tangibly enhance the lives of people. The Foundation meets this goal by engaging individual and institutional donors to help advance the development and application of innovative, technological and humanistic principles to enhance economic progress and the quality of life. From an independent platform, the Foundation is dedicated to developing solutions to regional and national challenges by: -Advancing education, health care and workforce training; -Matching emerging technologies to the needs of industry; -Developing alliances dedicated to sound economic development; -Benchmarking and disseminating best practices; and -Providing innovative strategies to fund and transition effective solutions. To meet these challenges, the Foundation utilizes the competencies of Concurrent Technologies Corporation (CTC), academia and other institutions. The Foundation also serves as the philanthropic arm of CTC.

Form 990, Part XII Line 2

The Foundation is part of a consolidated financial statement audit that includes CTC. It is CTC's practice to undergo its annual external audit, and produce its consolidated audited financial statements in accordance with this audit process, by August 15, if possible, of each year. CTC contracts with an independent national public accounting firm to perform its audit.

Financial Statement Notes

Part X, Line 2:

Management evaluates its tax positions annually using a "more likely than not" threshold and has concluded there are no positions as of June 30, 2015 and 2014 requiring recognition by the Corporation.

Raw XML AppendixShowing 400 of 552 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Concurrent Technologies Corp
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02472
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12925
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Life Insurance
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Intercompany Receivable from CTC
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0176409
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0176409
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management evaluates its tax positions annually using a "more likely than not" threshold and has concluded there are no positions as of June 30, 2015 and 2014 requiring recognition by the Corporation.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05397
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt098380
IRS990ScheduleI/RecipientTable/CashGrantAmt163850
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt321350
IRS990ScheduleI/RecipientTable/CashGrantAmt420000
IRS990ScheduleI/RecipientTable/CashGrantAmt518000
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt710000
IRS990ScheduleI/RecipientTable/CashGrantAmt88000
IRS990ScheduleI/RecipientTable/CashGrantAmt97000
IRS990ScheduleI/RecipientTable/CashGrantAmt106900
IRS990ScheduleI/RecipientTable/CashGrantAmt115700
IRS990ScheduleI/RecipientTable/CashGrantAmt125475
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11Sustaining
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12Sustaining
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Johnstown Area Regional Industries
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Community Foundation for the Alleghenies
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Johnstown Area Heritage Association
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3United Way of the Laurel Highlands
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt41901 Church Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Johnstown Symphony Orchestra
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Boy Scouts of America Laurel Highlands Council
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Girl Scouts of Western PA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8YMCA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9Bottleworks Ethnic Arts Center
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10American Red Cross Keystone Chapter
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11University of Pittsburgh at Johnstown
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12Foundation For Free Enterprise Education
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0245 Market Street Suite 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1116 Market Street Suite 4
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO Box 1889
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3422 Main Street Suite 203
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO Box 163
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5300 Market Street Suite 303
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6201 West High Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7606 Liberty Avenue
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8100 Haynes Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9411 3rd Avenue
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10250 Jari Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11450 Schoolhouse Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt123076 W 12th Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Johnstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Johnstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Johnstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Johnstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Jennerstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Johnstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Ebensburg
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Pittsburgh
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Johnstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm9Johnstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm10Johnstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm11Johnstown
IRS990ScheduleI/RecipientTable/USAddress/CityNm12Erie
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd12PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd015901
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd215907
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd315901
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd415547
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd515901
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd715222
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd815901
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd915906
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1015904
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1115904
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1216505
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Foundation makes use of an independent charitable contributions committee that is tasked with reviewing all incoming charitable contribution requests. Due diligence is performed on each organization's request looking for items such as charitable status, programs and services rendered to the public, community outreach, etc. The Foundation maintains a historical database of all charitable contribution recipients from each year and will often refer to this database to see past support levels.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0395927
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1153200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00

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