2023-05-12T15:27:54-05:00 2022-12-31 510380493 WHEELER WOLFENDEN & DWARES PA 4550 LINDEN HILL ROAD STE 201 WILMINGTON DE 19808 990 2022-01-01 236298550 MONTGOMERY COUNTY FOUNDATION MONT 4845327387 4 SENTRY PARKWAY 302 BLUE BELL PA 19422 VIRGINIA FRANTZ EXECUTIVE DIRECTOR 6103139836 2023-05-11 1 VIRGINIA FRANTZ 999009999 0 KATHLEEN CORCORAN CPA P00454914 3022548240 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z VIRGINIA FRANTZ 4 SENTRY PARKWAY 302 BLUE BELL PA 19422 1615134 0 X WWW.MCFOUNDATIONINC.ORG X 1960 PA TO DEVELOP, RECEIVE, ADMINISTER AND MANAGE, UNDER COMMUNITY CONTROL, FUNDS RECEIVED FROM PUBLIC AND PRIVATE SOURCES AND DISTRIBUTE THEM FOR CHARITABLE PURPOSES, PRIMARILY TO MEET LOCAL NEEDS. THROUGH THEIR MISSION, THE FOUNDATION MANAGES CHARITABLE FUNDS, DISTRIBUTES REVENUE AND PORTIONS OF PRINCIPAL, WHEN PERMITTED, CONSISTENT WITH DONORS' SPECIFIC AND GENERAL INTERESTS. THIS PROCESS ASSISTS IN MAINTAINING AND ENHANCING THE EDUCATIONAL, SOCIAL, CULTURAL, HEALTH AND CIVIC RESOURCES OF THE COMMUNITY. 4 4 0 0 0 0 0 0 0 0 696933 195019 0 131145 696933 326164 441417 568098 0 0 0 0 0 0 0 0 0 441417 568098 255516 -241934 14258896 11056814 221639 0 14037257 11056814 X TO DEVELOP, RECEIVE, ADMINISTER AND MANAGE, UNDER COMMUNITY CONTROL, FUNDS RECEIVED FROM PUBLIC AND PRIVATE SOURCES AND DISTRIBUTE THEM FOR CHARITABLE PURPOSES, PRIMARILY TO MEET LOCAL NEEDS. THROUGH THEIR MISSION, THE FOUNDATION MANAGES CHARITABLE FUNDS, DISTRIBUTES REVENUE AND PORTIONS OF PRINCIPAL, WHEN PERMITTED, CONSISTENT WITH DONORS' SPECIFIC AND GENERAL INTERESTS. THIS PROCESS ASSISTS IN MAINTAINING AND ENHANCING THE EDUCATIONAL, SOCIAL, CULTURAL, HEALTH AND CIVIC RESOURCES OF THE COMMUNITY. 0 0 568098 568098 THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE FOR A WIDE RANGE OF COMMUNITY NEEDS THAT INCLUDE EDUCATION, HEALTH AND HUMAN SERVICES, AND CULTURAL GROUPS SERVING RESIDENTS OF MONTGOMERY COUNTY. THE FOUNDATION IS A COMMUNITY FOUNDATION AND A "CATALYST FOR COMMUNITY SOLUTIONS". THROUGH COLLABORATIVE EFFORTS, THE FOUNDATION ASSISTS IN CONVENING INDIVIDUALS, AGENCIES, AND GROUPS TO STRENGTHEN COMMUNITIES BY ADDRESSING IMPORTANT ISSUES IDENTIFIED THROUGH RESEARCH PROJECTS AND COMMUNITY GROUPS. 568098 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X X THE ORGANIZATION 4845327387 4 SENTRY PARKWAY 302 BLUE BELL PA 19422 X DR THURMAN D BOOKER DISTRIBUTION COMMITTEE MEM 1.00 X 0 0 0 CINDY DICCIANNI DISTRIBUTION COMMITTEE MEM 1.00 X 0 0 0 HARVEY STRAUSS DISTRIBUTION COMMITTEE MEM 1.00 X 0 0 0 WILLIAM L LANDSBURG ESQ DISTRIBUTION COMMITTEE MEM 1.00 X 0 0 0 0 0 0 0 0 0 0 0 189152 189152 1294837 1288970 5867 5867 5867 OTHER INCOME 900099 131145 131145 131145 326164 5867 0 320297 526198 526198 41900 41900 568098 568098 0 0 339423 341936 585946 515011 13333527 10199867 14258896 11056814 221639 0 221639 0 X 14037257 11056814 14037257 11056814 14258896 11056814 -241934 -2738509 0 X X 0 1 X 1 0 X X 1 MONTGOMERY COUNTY FOUNDATION INC 233070457 7 0 444625 0 1 444625 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION A, LINE 1 THE MONTGOMERY COUNTY FOUNDATION (THE TRUST) PROVIDES FINANCIAL ASSISTANCE TO SELECTED HUMAN SERVICE ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, AND ARTS AND CULTURE ORGANIZATIONS. THE TRUST'S POLICY STIPULATES THAT NO INDIVIDUAL MAY BE A RECIPIENT OF A GRANT FROM THE TRUST. SUPPORTED ORGANIZATIONS ARE DETERMINED BY THE TRUST'S DISTRIBUTION COMMITTEE EACH YEAR. PART IV, SECTION C, LINE 1 THE ORGANIZATION'S DISTRIBUTION COMMITTEE MEMBERS ARE ALSO MEMBERS OF THE SUPPORTED ORGANIZATION'S BOARD OF DIRECTORS. THEY DO NOT COMPRISE A MAJORITY OF THAT BOARD, HOWEVER, HISTORICALLY THE TWO BOARDS HAVE MET CONCURRENTLY AND FOR ALL INTENTS AND PURPOSES THE ORGANIZATIONS ARE GOVERNED AS ONE. THE EXECUTIVE DIRECTOR OF THE SUPPORTING ORGANIZATION IS ALSO THE PRESIDENT AND CEO OF THE SUPPORTED ORGANIZATION AND MANAGES BOTH ORGANIZATIONS. 13657991 -2546223 548808 109672 10453288 12365163 1802669 389695 120146 13657991 11719350 1143769 387264 110692 12365163 10114728 2100803 395722 100459 11719350 11365217 -758351 384398 107740 10114728 0 0 0 X -2412345 -2738509 -2738509 326164 0 326164 568098 0 568098 0 568098 PART V, LINE 4: THE MONTGOMERY COUNTY FOUNDATION MANAGES FUNDS FOR THE BENEFIT OF: NORRISTOWN AREA HIGH SCHOOL GRADUATES IN THE FORM OF SCHOLARSHIPS. SCHOLARSHIPS FOR STUDENTS FROM MONTGOMERY COUNTY WHO MEET SPECIFIC CRITERIA AND PLAN TO PURSUE HIGHER EDUCATION IN THE FIELD OF HORTICULTURE OR AGRICULTURE. AREA CHARITABLE ORGANIZATIONS AND CHURCH GROUPS. THE COLLEGEVILLE FIRE COMPANY NO. 1. LEGAL AID SOCIETY OF MONTGOMERY COUNTY TO ASSIST THE NON-PROFIT IN ITS WORK TO BENEFIT LOW INCOME PEOPLE WITH LEGAL NEEDS. MONTGOMERY COUNTY COMMUNITY COLLEGE IN THE AREA OF HIGH QUALITY CULTURAL AND LECTURE PROGRAMS TO ENRICH THE EDUCATIONAL AND CULTURAL EXPERIENCES OF STUDENTS AND THE COMMUNITY. JOB TRAINING AND COMMUNITY DEVELOPMENT PROJECTS. EDUCATIONAL OPPORTUNITIES FOR DESERVING NEEDY PERSONS AND FOR CHARITABLE PURPOSES. RESIDENTS OF THE CENTRAL SECTION AND OTHER AREAS OF MONTGOMERY COUNTY IN THE AREA OF PROVIDING ASSISTANCE FOR THE PAYMENT OF HOUSING, UTILITIES, FOOD AND OTHER NECESSITIES THAT REQUIRE AN IMMEDIATE PAYMENT IN ORDER TO AVERT A CRISIS. PART X, LINE 2: THE TRUST IS A NONPROFIT ENTITY THAT IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS MADE NO PROVISION FOR FEDERAL, STATE OR LOCAL INCOME TAX IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE TRUST HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE TRUST ADOPTED ASC 740-10, INCOME TAXES, AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL AND STATE INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE 2019, 2020 AND 2021 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE PENNSYLVANIA DEPARTMENT OF REVENUE. HOWEVER, THE TRUST IS NOT CURRENTLY UNDER AUDIT NOR HAS THE TRUST BEEN CONTACTED BY THESE JURISDICTIONS. THERE WERE NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. 1 MONTGOMERY COUNTY FOUNDATION INC 4 SENTRY PARKWAY SUITE 302 BLUE BELL PA 19422 233070457 501(C)(3) 444625 0 N/A N/A TO SUPPORT GRANT-MAKING AND GENERAL OPERATING EXPENSES. EDUCATIONAL SCHOLARSHIPS 31 41900 FMV PART I, LINE 2: GRANT MONITORING POLICY ( A PART OF THE INTERNAL REVIEW POLICY) WAS ESTABLISHED AND APPROVED BY THE BOARD OF DIRECTORS ON JUNE 9, 2005 AND PROVIDES FOR DUE DILIGENCE FOR STATUS, GRANT AGREEMENTS, ASSESSMENT OF APPLICATION, BUDGETS, ETC., AND PROVIDES FOR A FOLLOW-UP REPORT NO LATER THAN ONE YEAR FROM THE GRANT DISTRIBUTION FOR GRANTS UNDER $5,000. IT REQUIRES A FINANCIAL REPORT ON THE USE OF THE DOLLARS AS WELL. ON GRANTS $5,000 - $10,000, QUARTERLY REPORTS ON OUTCOMES AND FINANCIAL USE OF THE GRANT ARE REQUIRED. THOSE REPORTS ARE REVIEWED AND THE AGENCIES ARE CONTACTED FOR CLARIFICATIONS IF OUTCOMES ARE NOT MET. NO NEW GRANTS ARE ALLOWED WITHOUT FOLLOW-UP REPORTS AND IF FOLLOW-UP REPORTS ARE NOT PROVIDED THE GRANT DOLLARS ARE TO BE RETURNED BY THE AGENCY. GRANTEES MUST REQUEST IN WRITING ANY CHANGE IN USE OF THE FUNDS AND THE STAFF AND CHAIRPERSON OF THE GRANTMAKING COMMITTEE REVIEW CHANGE REQUEST TO DETERMINE ITS ELIGIBILITY FOR ACCEPTANCE. FOLLOW-UP REPORTS ARE A PART OF THE FILE FOR THE AGENCY RECEIVING GRANTS AND PERIODIC VISITS MAY BE MADE TO THE AGENCIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE AUDIT COMMITTEE AND THEN FORWARDED WITH ANY CHANGES TO THE DISTRIBUTION COMMITTEE PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS REQUIRED TO ASSESS THEIR RELATIONSHIPS ANNUALLY AND SIGN AN ACKNOWLEDGMENT AFFIRMING THAT THEY HAVE NO CONFLICTS AS DETAILED IN THE CONFLICTS OF INTEREST POLICY. THE POLICY IS READ AT A BOARD MEETING PRIOR TO COMPLETION OF FORMS AND IS SO NOTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE VIA THE ORGANIZATION'S WEBSITE OR UPON REQUEST. THERE IS ALSO A DISTRIBUTION COMMITTEE-APPROVED POLICY FOR STAFF RESPONSE TO REQUESTS. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE MONTGOMERY COUNTY FOUNDATION INC 4 SENTRY PARKWAY SUITE 302 BLUE BELL PA 19422 233070457 ADMIN OF COMMUNITY FUNDS DISTRIBUTED FOR LOCAL CHARITABLE PURPOSES. PA 501(C)(3) 7 NO 0 HUMAN SERVICE INSTITUTE 4 SENTRY PARKWAY SUITE 302 BLUE BELL PA 19422 231884706 TO PROVIDE RESEARCH FOR HEALTH AND HUMAN SERVICES ISSUES. PA 501(C)(3) 7 NO 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 MONTGOMERY COUNTY FOUNDATION INC B 444625 FAIR MARKET VALUE MONTGOMERY COUNTY FOUNDATION INC M MONTGOMERY COUNTY FOUNDATION INC N MONTGOMERY COUNTY FOUNDATION INC O