Noble County Community Foundation Inc

“Form 990 is prepared by the foundation's audit firm and reviewed by the accounting department and audit and finance committee. Prior to executive committee approval, an electronic copy (or mailed copy) will be sent to all board of directors with the 990 attached. Board members are invited to bring any comments or questions to the executive committee meeting at which approval will be made. The executive committee has been granted authority to approve the 990. The action of the executive committee will be acknowledged/approved and recorded in the minutes at the next meeting of the full board.”

“Anytime a board member has an interest in any organization with which we are doing business, the affected member shall not vote on it.”

“The foundation uses the gift snapshot for indiana community foundations, which includes the information for surrounding foundations. They also use the council on foundations report. Salaries are compared to similar organizations in size and description to determine that they are appropriate. Other salaries are compared with the same reports, and job descriptions and qualifications are taken into consideration.”

“The foundation makes its governing documents, conflict of interest policy and financial statements available to the public immediately upon request through the foundation's office. Additionally, financial information is made available in its annual report which is widely distributed to the public via their website and other means of disbursement. The foundation's form 990 is available online at www.guidestar.org, and a link can be found on the foundation's website. Form 990 is also immediately available upon request through the foundation's office.”

“Community foundation of noble county”

“Grants paid to outside organizations through a grant process. Grants are made primarily to 501(c)(3) organizations, schools, and other governmental organizations. They are made for items such as, but not limited to: food pantries; homeless shelters; school programs; physical fitness programs; victim aid; reading programs; animal shelters; disaster relief; and much more. There were approximately 100 grants made. Evaluations of grants are made prior to closure to ascertain that all goals and objectives are met according to grant proposals or fund agreements. Grant recipients are mainly noble county recipients, or their project is to benefit noble county residents. The grants also include donor advised and designated grants. Donor advised grants must be awarded to 501(c)(3) organizations or charitable projects.”

“N/A”

“Agency fund revenue -598,582 direct fundraising expenses 30,523 direct fundraising expenses -30,523 agency fund expenses 247,918 total -350,664”