Howard County Foundation Inc

“Conflict of interest is checked at the time that the application is reviewed by the board and again by the administrator when the gift is given.”

“All documents are available for public viewing at the administrators office upon request.”

“The 990 tax return is e-mailed to all board members during the month of September. All on the return are due in the administrators office by October 1, 2025.”

“Program Service Expenses 42,132, Grants and allocations 42,132, Revenue 0 Miller DAF of HCF Scholarships paid direct to colleges for individuals, Twenty-five 25 for 1,000.00 each, Eight 8 for 2,000.00 each and a final gift to Art Department of 1,131.62”

“Program Service Expenses 15,000, Grants and allocations 15,000, Revenue 0 Distribution of Rotary DAF for their 2024 community gifts”

“Program Service Expenses 4,000, Grants and allocations 4,000, Revenue 0 Howard Greeley RPPD reimbursement to individuals as scholarships”

“The Miller DAF requirements were that only 40,000.00 principal plus interest earned during the year could be distributed. Therefore, each year the amount of the endowment or reserve goes down 40,000.00. 2024 is the last year for Miller DAF. Hereafter, we will only continued to have 750,000.00 endowed which was from the Roemich gift. The Roemich gift was 1,500,000.00 and 1/2 of her orignal bequest was required to be endowed. The Roemich bequest was used to form the Howard County Foundation Inc.”

“See Schedule I Part II for a list of the colleges where 33 recipients of scholarship money for the Miller DAF were sent. I got off on the wrong worksheet to enter the information and due to the volume I did not want to re-enter it.”

“The answer here should be YES. However, because I got off on the wrong worksheet my software would not change to the correct answer because I entered everything on Sch I Part II instead of Part III”