2023-10-31T09:04:49-05:00 2022-12-31 351178661 BLUE & CO LLC 813 WEST SECOND STREET SEYMOUR IN 47274 990 2022-01-01 351934464 OWEN COUNTY COMMUNITY FOUNDATION OWEN 8128291725 PO BOX 503 SPENCER IN 47460 JANET RUMMEL PRESIDENT/CEO 8128291725 2023-10-30 1 JANET RUMMEL 999009999 1 KANDY L WISCHMEIER CPA P00118327 8125228416 2023-10-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JANET RUMMEL PO BOX 503 SPENCER IN 47460 11994370 0 X WWW.OWENCOUNTYCF.ORG X 1994 IN THE OWEN COUNTY COMMUNITY FOUNDATION IS COMMITTED TO ENHANCING THE QUALITY OF LIFE FOR ALL CITIZENS OF OWEN COUNTY, NOW AND FOR GENERATIONS TO COME. TO BE THE TRUSTWORTHY RESOURCE FOR PHILANTHROPY BY BUILDING A PERMANENT ENDOWMENT, ADDRESSING NEEDS THROUGH GRANTMAKING, AND PROVIDING LEADERSHIP RESOURCES TO SERVE OUR COMMUNITY. 15 15 7 100 0 0 1704315 640195 22746 12618 1127247 269792 427 -854 2854735 921751 588968 698498 0 0 292632 303973 0 0 170423 205154 158944 1086754 1161415 1767981 -239664 12161364 10308031 179800 305360 11981564 10002671 THE OWEN COUNTY COMMUNITY FOUNDATION IS COMMITTED TO HELP MAKE OUR COMMUNITIES BECOME BETTER PLACES TO GROW, WORK, AND LIVE. THE FOUNDATION ALSO MATCHES DONORS WITH NEEDS IN OWEN COUNTY. 0 0 867990 698498 12618 GRANTS AND SCHOLARSHIPS: ACHIEVEMENT OF THIS PROGRAM'S PURPOSE PROVIDES SUPPORT FOR ORGANIZATIONS PERFORMING CHARITABLE WORK IN OWEN COUNTY TO HELP MAKE OUR COMMUNITIES BECOME BETTER PLACES TO GROW, WORK AND LIVE AS WELL AS TO HELP THESE GROUPS REMAIN RELEVANT OVER TIME AND RESPONSIVE TO CHANGING CIRCUMSTANCES. SCHOLARSHIP GRANTS TO INDIVIDUALS HELP STUDENTS PURSUE THEIR ACADEMIC GOALS AND HELP RAISE THE LEVEL OF EDUCATIONAL ATTAINMENT IN OWEN COUNTY. 867990 1 1 0 0 0 1 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 8128291725 PO BOX 503 SPENCER IN 47460 ED STAUBACH BOARD MEMBER 1.00 X 0 0 0 BARBARA BONNESS BOARD MEMBER 1.00 X 0 0 0 BRAD KING BOARD MEMBER 1.00 X 0 0 0 DALE WALKER BOARD MEMBER 1.00 X 0 0 0 GRANT MINNEMEYER BOARD MEMBER 1.00 X 0 0 0 HEATHER LIGHT BOARD MEMBER 1.00 X 0 0 0 MARILYN HART BOARD MEMBER 1.00 X 0 0 0 SUSAN COULTER BOARD MEMBER 1.00 X 0 0 0 DAVID FRIEDEL PAST CHAIR 1.00 X 0 0 0 ROB BABBS BOARD MEMBER 1.00 X 0 0 0 THOMAS WALLACE VICE CHAIRPERSON 1.00 X X 0 0 0 KAYE ERNEY TREASURER 1.00 X X 0 0 0 AMBER MULLIN SECRETARY 1.00 X X 0 0 0 MYRNA FIELDS CHAIRPERSON 1.00 X X 0 0 0 RHONDA STOGSDILL BOARD MEMBER 1.00 X 0 0 0 JANET RUMMEL PRESIDENT/CEO 40.00 X 93746 0 0 93746 0 0 0 0 0 0 0 46188 594007 640195 PROGRAM SERVICE REVENUE 624110 12618 12618 12618 492974 492974 10844213 11067395 -223182 -223182 -223182 4370 46188 5224 -854 -854 921751 12618 0 268938 572651 572651 125847 125847 93746 36561 23436 33749 170713 66578 42678 61457 39514 15410 9879 14225 21026 21026 39225 31380 7845 37284 9321 27963 15187 4587 2412 8188 18202 6007 6036 6159 2433 1095 243 1095 3616 1085 723 1808 8756 2889 2889 2978 6445 2127 2191 2127 DUES AND SUBSCRIPTIONS 3356 1678 0 1678 REPAIRS AND MAINTENANCE 2327 768 768 791 MISCELLANEOUS 1087 360 367 360 1161415 867990 123002 170423 973071 181813 74340 74638 61781 35326 12 306 52572 28181 33147 24391 11019013 9802752 0 188805 12161364 10308031 3494 2735 12573 22898 108118 43473 55615 236254 179800 305360 X 796969 740707 11184595 9261964 11981564 10002671 12161364 10308031 X -239664 -1810143 70914 X X 0 1 X 1 0 X 507419 972301 1096520 1704315 640195 4920750 507419 972301 1096520 1704315 640195 4920750 1026694 3894056 267292 228232 320134 247298 492974 1555930 1720 6620 5580 4184 4370 22474 6499154 2504 0.59920 0.54660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 20165 17642 167363 1 1 0 1 X 11400899 368798 -1486534 595931 201935 9485297 8907698 1376798 1425945 112696 196846 11400899 7994287 381406 844553 169493 143055 8907698 6341676 793147 1224531 233107 131960 7994287 7000747 362886 -651572 242752 127633 6341676 0.04000 0.96000 0 0 13370 3648 9722 39202 24533 14669 24391 CHARITABLE GIFT ANNUITIES 44916 OPERATING LEASE LIABILITY 191338 236254 X -696167 -1810143 208204 -1601939 905772 21026 -5047 15979 921751 1282726 201935 201935 1080791 21026 59598 80624 1161415 PART IV, LINE 2B: THE COMMUNITY FOUNDATION HOLDS AND ADMINISTERS THE ENDOWMENT FUND, AND ALL CONTRIBUTIONS AND ASSETS ALLOCABLE TO THE FUND, SUBJECT TO THE PROVISIONS OF APPLICABLE LAW AND THE COMMUNITY FOUNDATION'S ARTICLES OF INCORPORATION AND BYLAWS, AS AMENDED FROM TIME TO TIME. THE BOARD OVERSEES AND DISTRIBUTES FROM THE FUND AND HAS ALL POWERS OF MODIFICATION AND REMOVAL SPECIFIED IN THE UNITED STATES TREASURY REGULATION. PART V, LINE 4: ENDOWMENT FUNDS ARE EITHER UNRESTRICTED TO USE AS DETERMINED BY THE BOARD OF DIRECTORS OR RESTRICTED BY THE PURPOSE OF THE FUND AGREEMENTS WHICH ESTABLISHED THEM. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS SUCH, THE ORGANIZATION IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE ORGANIZATION IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX WHICH IS AN INFORMATIONAL RETURN ONLY. THE RGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES 201,935. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 6,269. PART XI, LINE 4B - OTHER ADJUSTMENTS: SFAS 136 ADJUSTMENT -5,047. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES 201,935. PART XII, LINE 4B - OTHER ADJUSTMENTS: SFAS 136 ADJUSTMENT 59,598. JIM FULFORD GOLF OUTING 50558 46188 4370 316 2640 1294 974 50558 46188 4370 316 2640 1294 974 5224 -854 1 CATARACT VOLUNTEER FIRE DEPARTMENT 9582 HI RIDGE TRL SPENCER IN 474605462 351744866 501(C)3 8380 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION CROSSROADS RANCH LLC 6740 MCFARREN RD GOSPORT IN 47433 881390423 501(C)3 25300 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION FRANKLIN TOWNSHIP VFD PO BOX 125 FREEDOM IN 474310125 351911251 501(C)3 7500 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION GARRARD CHAPEL FOOD PANTRY 7410 W STATE ROAD 46 BOWLING GREEN IN 478338222 870778917 501(C)3 10200 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION GOSPORT MUSEUM SOCIETY 19 N 4TH STREET GOSPORT IN 47433 351982567 501(C)3 9524 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION MARK OF DISCIPLESHIP FOOD PANTRY 159 W FRANKLIN ST SPENCER IN 474601725 371423042 501(C)3 15700 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY CHAMBER OF COMMERCE & EDC 119 S MAIN ST SPENCER IN 474600087 311183771 501(C)6 17279 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY FAIR ASSOCIATION 364 S EAST STREET SPENCER IN 47460 356043481 501(C)5 10550 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY FAMILY YMCA 1111 W STATE ROAD 46 SPENCER IN 474606610 352017600 501(C)3 21808 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY HUMANE SOCIETY 2014 W ROMONA RD SPENCER IN 474606845 351835119 501(C)3 19414 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY PRESERVATIONS DBA TIVOLI THEATRE PO BOX 408 SPENCER IN 474600408 351808543 501(C)3 8700 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY PUBLIC LIBRARY 10 S MONTGOMERY ST SPENCER IN 474601898 356004621 GOVERNMENTAL 7610 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY VETERAN'S PARK 154 S MAIN STREET SPENCER IN 47460 356231220 GOVERNMENTAL 5055 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN VALLEY MIDDLE SCHOOL 626 W STATE HIGHWAY 46 SPENCER IN 474606439 351099629 GOVERNMENTAL 68000 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION RIVERSIDE CEMETERY ASSOCIATION 498 W JEFFERSON ST SPENCER IN 46470 350616598 501(C)13 7585 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION SPENCER MAIN STREET PO BOX 540 SPENCER IN 474600540 471918592 501(C)3 6196 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION SPENCER PRIDE INC 6580 CENTER DRIVE POLAND IN 47868 262197732 501(C)3 57439 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION SPENCER-OWEN COMMUNITY SCHOOLS 151 E HILLSIDE AVE SPENCER IN 474601419 351099629 GOVERNMENTAL 65818 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION TOWN OF GOSPORT PO BOX 146 GOSPORT IN 47433 GOVERNMENTAL 22567 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION TOWN OF SPENCER 90 N WEST ST SPENCER IN 474601395 356001204 GOVERNMENTAL 49125 0 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 17 3 SCHOLARSHIPS 75 125847 SCHEDULE I, PART II GRANTEES COMPLETE AGREEMENT PRIOR TO RECEIVING CHECKS AND THEY SUBMIT A REPORT, ALONG WITH ACCOUNTING RECEIPTS, TO SUBSTANTIATE USE OF GRANT MONIES. SCHEDULE I, PART III CHECKS GO DIRECTLY TO THE SCHOOL. IT IS SENT WITH A FORM SHOWING STUDENT NAME AND SCHOOL ID AND HOW TO APPLY THE MONEY, WHETHER TO FULL OR PART OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD APPROVES FINANCIAL STATEMENTS WHICH ARE USED TO PREPARE THE FORM 990. ONCE THE 990 IS RECEIVED, THE BOARD WILL REVIEW AND APPROVE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C IN JANUARY OF EACH YEAR, EACH BOARD MEMBER MUST UPDATE HIS/HER CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR'S SALARY IS ESTABLISHED BASED ON MARKET SALARIES FOR COMPARABLE MANAGEMENT/ADMINISTRATIVE POSITIONS, FINANCIAL INSTITUTIONS COMPENSATION SURVEY (CROWE-CHIZEK-INDIANA), AND COMMUNITY FOUNDATION STAFFING AND SALARY COMPARISONS (INDIANA GRANTMAKERS ALLIANCE). SUBSEQUENT ADJUSTMENTS ARE BASED ON INCUMBENT'S ANNUAL PERFORMANCE EVALUATION AND THE SOCIAL SECURITY ADMINISTRATION'S ANNUAL COST-OF-LIVING ADJUSTMENTS. ALL ISSUES RELATING TO EXECUTIVE DIRECTOR COMPENSATION ARE HANDLED BY THE INDEPENDENT BOARD OF DIRECTORS UNDER THE OWEN COUNTY COMMUNITY FOUNDATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 FORMS 1023 AND 990 ARE BOTH AVAILABLE IN OUR OFFICES FOR THE PUBLIC. OUR PUBLIC DISCLOSURE BINDER CONTAINS THE FOLLOWING: IRS DETERMINATION LETTER, FORM 1023, 3 MOST RECENT 990 FILINGS, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, INVESTMENT INFORMATION DISCLOSURE, ANNUAL REPORTS OF OWEN COUNTY COMMUNITY FOUNDATION. OWEN COUNTY COMMUNITY FOUNDATION'S 990 CAN ALSO BE ACCESSED THROUGH GUIDESTAR. WE ARE UNAWARE OF ANY OTHER WEBSITES THAT MAKE OUR FORM 1023 OR FORM 990S AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: SFAS 136 64,645. CHANGE IN SPLIT INTEREST VALUE 6,269. FORM 990, PART XII, LINE 2C THE PROCEDURES THE AUDIT COMMITTEE TAKES ANNUALLY DID NOT CHANGE IN THE CURRENT YEAR.